Neostellar Capital (NASDAQ:NSLR) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen cut shares of Neostellar Capital (NASDAQ:NSLR) from a hold rating to a sell rating in a research note released on Saturday morning.

A number of other analysts also recently issued reports on NSLR. BTIG Research reiterated a “buy” rating and issued a $15.00 price objective on shares of Neostellar Capital in a report on Friday, July 10th. Barrington Research set a $16.00 target price on shares of Neostellar Capital in a research report on Thursday. Finally, Weiss Ratings started coverage on shares of Neostellar Capital in a research note on Thursday, July 9th. They issued a “buy (b)” rating on the stock. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $15.50.

Neostellar Capital Stock Down 0.4%

NSLR stock opened at $9.60 on Friday. The company has a quick ratio of 24.38, a current ratio of 24.38 and a debt-to-equity ratio of 0.19. The stock has a market cap of $254.11 million, a PE ratio of 2.38 and a beta of 1.44. Neostellar Capital has a fifty-two week low of $8.28 and a fifty-two week high of $14.98.

Neostellar Capital (NASDAQ:NSLR) last announced its earnings results on Wednesday, August 5th. The company reported ($0.90) earnings per share (EPS) for the quarter. The firm had revenue of $0.30 million during the quarter. Neostellar Capital had a net margin of 6,053.56% and a negative return on equity of 13.69%.

About Neostellar Capital

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.