Neostellar Capital (NASDAQ:NSLR) Posts Earnings Results

Neostellar Capital (NASDAQ:NSLR) released its quarterly earnings results on Wednesday. The company reported ($0.90) earnings per share for the quarter, Zacks reports. Neostellar Capital had a negative return on equity of 13.69% and a net margin of 6,053.56%.The firm had revenue of $0.30 million for the quarter.

Neostellar Capital Price Performance

Neostellar Capital stock traded down $0.01 during trading on Friday, hitting $9.63. The stock had a trading volume of 253,498 shares, compared to its average volume of 281,321. Neostellar Capital has a 1 year low of $8.28 and a 1 year high of $14.98. The company has a current ratio of 24.38, a quick ratio of 24.38 and a debt-to-equity ratio of 0.19. The company has a market cap of $255.07 million, a price-to-earnings ratio of 2.39 and a beta of 1.44.

Wall Street Analyst Weigh In

Several equities analysts have commented on NSLR shares. Barrington Research set a $16.00 target price on shares of Neostellar Capital in a research report on Thursday. Weiss Ratings initiated coverage on Neostellar Capital in a report on Thursday, July 9th. They issued a “buy (b)” rating for the company. Finally, BTIG Research reaffirmed a “buy” rating and set a $15.00 price target 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.com, the company has a consensus rating of “Buy” and an average target price of $15.50.

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.