Saratoga Investment Corp (NYSE:SAR) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 15, 2016
Yesterday Saratoga Investment Corp (NYSE:SAR) traded 0.27% lower at $18.12. Saratoga Investment Corp’s 50-day average is $17.75 and its two hundred day average is $16.62. With the last close up 9.00% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. 19,629 shares of Saratoga Investment Corp traded, down from ann average volume of 23,814.
Zacks Investment Research has downgraded Saratoga Investment Corp(NYSE:SAR) to Sell in a statement released 9/16/2016.
Previously on 7/26/2016, Compass Point released a statement for Saratoga Investment Corp(NYSE:SAR) raised the target price from $0.00 to $18.00 that suggested a downside of -0.01%.
Recent Performance Chart:
With a total market value of $0.0, Saratoga Investment Corp has a PE of 14 with a 52 week low of $13.41 and a 52 week high of $18.75.
More About Saratoga Investment Corp (NYSE:SAR)
Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. It purchases mezzanine debt and makes equity investments in middle market companies. It may invest in other investments, such as investments in distressed debt, including securities of companies in bankruptcy, foreign debt, private equity, securities of public companies that are not thinly traded and structured finance vehicles, such as collateralized loan obligation funds. Its leveraged loan portfolio consists primarily of first lien and second lien term loans. The Company’s investment activities are externally managed and advised by Saratoga Investment Advisors, and LLC.
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