Neostellar Capital (NASDAQ:NSLR) Stock Rating Lowered by Wall Street Zen

Neostellar Capital (NASDAQ:NSLR) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other research firms also recently issued reports on NSLR. Weiss Ratings started coverage on shares of Neostellar Capital in a report on Thursday, July 9th. They set a “buy (b)” rating for the company. Barrington Research set a $16.00 target price on shares of Neostellar Capital in a report on Thursday. Finally, BTIG Research reissued a “buy” rating and set 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.com, Neostellar Capital has a consensus rating of “Buy” and an average target price of $15.50.

Neostellar Capital Price Performance

Shares of NSLR stock opened at $9.60 on Friday. The company has a current ratio of 24.38, a quick ratio of 24.38 and a debt-to-equity ratio of 0.19. Neostellar Capital has a fifty-two week low of $8.28 and a fifty-two week high of $14.98. The stock has a market capitalization of $254.14 million, a price-to-earnings ratio of 2.38 and a beta of 1.44.

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

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.