The stock of SuRo Capital Corp (SSSS) has seen a -6.85% decrease in the past week, with a 5.67% gain in the past month, and a 31.33% flourish in the past quarter. The volatility ratio for the week is 6.96%, and the volatility levels for the past 30 days are at 5.42% for SSSS. The simple moving average for the past 20 days is 5.04% for SSSS’s stock, with a 22.27% simple moving average for the past 200 days.
Is It Worth Investing in SuRo Capital Corp (NASDAQ: SSSS) Right Now?
The stock has a 36-month beta value of 1.44. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SSSS is 21.92M, and at present, short sellers hold a 0.50% of that float. On November 15, 2024, the average trading volume of SSSS was 120.31K shares.
SSSS) stock’s latest price update
SuRo Capital Corp (NASDAQ: SSSS)’s stock price has gone rise by 5.89 in comparison to its previous close of 4.75, however, the company has experienced a -6.85% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-11-07 that SuRo Capital Corp. (NASDAQ:SSSS ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants William Lee – Investor Relations Mark Klein – Chairman and Chief Executive Officer Allison Green – Chief Financial Officer Conference Call Participants Operator Hello, and welcome to SuRo Capital’s Third Quarter 2024 Earnings Call. My name is Melissa, and I will be your coordinator for today’s event.
Analysts’ Opinion of SSSS
Many brokerage firms have already submitted their reports for SSSS stocks, with BTIG Research repeating the rating for SSSS by listing it as a “Buy.” The predicted price for SSSS in the upcoming period, according to BTIG Research is $5 based on the research report published on April 25, 2023 of the previous year 2023.
JMP Securities, on the other hand, stated in their research note that they expect to see SSSS reach a price target of $20. The rating they have provided for SSSS stocks is “Mkt Outperform” according to the report published on April 14th, 2021.
SSSS Trading at 15.03% from the 50-Day Moving Average
After a stumble in the market that brought SSSS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.54% of loss for the given period.
Volatility was left at 5.42%, however, over the last 30 days, the volatility rate increased by 6.96%, as shares surge +4.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.97% upper at present.
During the last 5 trading sessions, SSSS fell by -6.85%, which changed the moving average for the period of 200-days by +35.22% in comparison to the 20-day moving average, which settled at $4.79. In addition, SuRo Capital Corp saw 27.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SSSS starting from Klein Mark D, who purchase 12,000 shares at the price of $3.84 back on Aug 20 ’24. After this action, Klein Mark D now owns 1,088,666 shares of SuRo Capital Corp, valued at $46,080 using the latest closing price.
Klein Mark D, the Chairman, CEO and President of SuRo Capital Corp, purchase 14,815 shares at $4.11 during a trade that took place back on Dec 06 ’23, which means that Klein Mark D is holding 1,071,496 shares at $60,890 based on the most recent closing price.
Stock Fundamentals for SSSS
Current profitability levels for the company are sitting at:
- -3.61 for the present operating margin
- 1.0 for the gross margin
The net margin for SuRo Capital Corp stands at -0.0. The total capital return value is set at -0.02.
Based on SuRo Capital Corp (SSSS), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -2.78.
When we switch over and look at the enterprise to sales, we see a ratio of -9.66. The receivables turnover for the company is 9.99for trailing twelve months and the total asset turnover is 0.0.
Conclusion
To sum up, SuRo Capital Corp (SSSS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
