SuRo Capital (SSSS) to Release Quarterly Earnings on Thursday

SuRo Capital (NASDAQ:SSSS) will announce its earnings results after the market closes on Thursday, November 7th. Persons interested in registering for the company’s earnings conference call can do so using this link.

SuRo Capital (NASDAQ:SSSS) last issued its earnings results on Wednesday, August 7th. The company reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of $1.03 million for the quarter. SuRo Capital had a negative net margin of 256.84% and a negative return on equity of 6.47%.

SuRo Capital Stock Up 5.8 %

Shares of SSSS stock traded up $0.27 on Tuesday, hitting $4.89. The stock had a trading volume of 126,098 shares, compared to its average volume of 81,127. The company has a quick ratio of 27.02, a current ratio of 27.02 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average price of $4.19 and a 200 day moving average price of $4.04. The company has a market cap of $114.33 million, a PE ratio of -7.24 and a beta of 1.63. SuRo Capital has a one year low of $3.32 and a one year high of $5.33.

Insider Activity at SuRo Capital

In other news, CEO Mark D. Klein bought 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were purchased at an average price of $3.84 per share, for a total transaction of $46,080.00. Following the completion of the transaction, the chief executive officer now directly owns 1,088,666 shares in the company, valued at approximately $4,180,477.44. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.97% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reiterated an “outperform” rating and issued a $6.00 target price on shares of SuRo Capital in a report on Friday, October 11th.

About SuRo Capital

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.