Neostellar Capital (NASDAQ:NSLR) Releases Quarterly Earnings Results

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

Neostellar Capital Price Performance

NSLR traded down $0.24 during trading on Wednesday, hitting $10.91. The company’s stock had a trading volume of 160,250 shares, compared to its average volume of 279,690. The firm has a market cap of $288.79 million, a PE ratio of 1.56 and a beta of 1.44. Neostellar Capital has a twelve month low of $8.11 and a twelve month high of $14.98. The company has a debt-to-equity ratio of 0.19, a quick ratio of 24.38 and a current ratio of 24.38.

Analysts Set New Price Targets

Several research firms recently commented on NSLR. 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. BTIG Research reiterated a “buy” rating and issued a $15.00 target price on shares of Neostellar Capital in a research report on Friday, July 10th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target 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.