SuRo Capital (NASDAQ:SSSS) Stock Price Down 1.4% – What’s Next?

SuRo Capital Corp. (NASDAQ:SSSS) shares fell 1.4% during trading on Monday . The stock traded as low as $5.84 and last traded at $5.84. 178,337 shares were traded during trading, an increase of 31% from the average session volume of 136,346 shares. The stock had previously closed at $5.92.

Wall Street Analyst Weigh In

Separately, Barrington Research reissued an “outperform” rating and set a $6.00 price objective on shares of SuRo Capital in a report on Tuesday, November 12th.

SuRo Capital Stock Down 1.4 %

The stock has a market capitalization of $136.53 million, a price-to-earnings ratio of -3.09 and a beta of 1.61. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. The business’s 50-day moving average is $5.47 and its two-hundred day moving average is $4.54.

Insider Activity at SuRo Capital

In related news, insider Allison Green acquired 9,100 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was bought at an average price of $5.48 per share, for a total transaction of $49,868.00. Following the completion of the purchase, the insider now directly owns 136,734 shares of the company’s stock, valued at approximately $749,302.32. The trade was a 7.13 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Mark D. Klein acquired 39,000 shares of the company’s stock in a transaction on Friday, November 29th. The stock was acquired at an average price of $5.20 per share, for a total transaction of $202,800.00. Following the completion of the purchase, the chief executive officer now owns 1,169,923 shares of the company’s stock, valued at $6,083,599.60. This trade represents a 3.45 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 58,843 shares of company stock worth $307,047. Insiders own 5.97% of the company’s stock.

Hedge Funds Weigh In On SuRo Capital

A number of institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC increased its position in SuRo Capital by 91.6% during the second quarter. Acadian Asset Management LLC now owns 131,636 shares of the company’s stock worth $527,000 after purchasing an additional 62,950 shares during the last quarter. Choreo LLC acquired a new position in shares of SuRo Capital in the second quarter worth about $62,000. Levin Capital Strategies L.P. bought a new position in SuRo Capital during the 2nd quarter valued at $174,000. Gabelli Funds LLC raised its stake in SuRo Capital by 139.3% during the second quarter. Gabelli Funds LLC now owns 730,000 shares of the company’s stock valued at $2,927,000 after buying an additional 425,000 shares in the last quarter. Finally, Arete Wealth Advisors LLC acquired a new stake in shares of SuRo Capital during the third quarter worth $84,000. 12.95% of the stock is owned by institutional investors and hedge funds.

SuRo Capital Company Profile

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