Suro Capital Corp (NASDAQ: SSSS) stock enjoyed a major increase of 26.6% on 10/11/24. The shares closed at $4.90. Moreover, this advance was accompanied by exceptionally high trading volume at 2358% of normal. The stock has performed in line with the market over the last nine months and has risen 21.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SSSS is expected to continue to be Value Creation neutral.
Suro Capital has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Suro Capital has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 40, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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