Shares of GSV Capital Corp (NASDAQ:GSVC) traded down 11.5% on Friday . The stock traded as low as $7.75 and last traded at $7.90. 2,211,947 shares traded hands during trading, an increase of 516% from the average session volume of 358,973 shares. The stock had previously closed at $8.93.
Separately, Barrington Research boosted their price target on GSV Capital to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, March 14th.
The stock has a market cap of $166.53, a price-to-earnings ratio of 11.13 and a beta of 1.27. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.56 and a quick ratio of 0.06.
Several large investors have recently added to or reduced their stakes in the company. OxFORD Asset Management LLP bought a new stake in shares of GSV Capital during the third quarter worth about $725,000. Two Sigma Investments LP grew its holdings in shares of GSV Capital by 145.3% during the fourth quarter. Two Sigma Investments LP now owns 97,182 shares of the investment management company’s stock worth $530,000 after purchasing an additional 57,571 shares during the last quarter. Raymond James & Associates bought a new stake in shares of GSV Capital during the fourth quarter worth about $363,000. Janney Montgomery Scott LLC grew its holdings in shares of GSV Capital by 51.2% during the third quarter. Janney Montgomery Scott LLC now owns 42,800 shares of the investment management company’s stock worth $232,000 after purchasing an additional 14,500 shares during the last quarter. Finally, Creative Planning bought a new stake in shares of GSV Capital during the fourth quarter worth about $187,000. Institutional investors own 31.77% of the company’s stock.
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GSV Capital Company Profile
GSV Capital Corp. (GSV Capital) is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to maximize its portfolio’s total return, principally by seeking capital gains on its equity and equity-related investments. The Company invests principally in the equity securities, which are venture-capital-backed emerging companies.
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