Neostellar Capital (NASDAQ:NSLR) Announces Earnings Results

Neostellar Capital (NASDAQ:NSLR) posted its quarterly earnings data on Wednesday. The company reported ($0.90) EPS for the quarter, Zacks reports. Neostellar Capital had a net margin of 10,695.73% and a negative return on equity of 6.61%.

Neostellar Capital Trading Down 2.2%

NASDAQ:NSLR traded down $0.24 during trading hours on Wednesday, reaching $10.91. The company had a trading volume of 160,250 shares, compared to its average volume of 279,690. The company has a current ratio of 24.38, a quick ratio of 24.38 and a debt-to-equity ratio of 0.19. The company has a market cap of $288.79 million, a PE ratio of 1.56 and a beta of 1.44. Neostellar Capital has a 52 week low of $8.11 and a 52 week high of $14.98.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. BTIG Research reissued a “buy” rating and set a $15.00 price objective on shares of Neostellar Capital in a report on Friday, July 10th. Weiss Ratings started coverage on Neostellar Capital in a research report on Thursday, July 9th. They set a “buy (b)” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Neostellar Capital currently has a consensus rating of “Buy” and a consensus target price of $15.00.

Neostellar Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.