Solar Capital Ltd. (NASDAQ:SLRC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Boasting a price of $20.65, Solar Capital Ltd. (NASDAQ:SLRC) traded -0.96% lower on the day. With the last stock price close up 4.18% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Solar Capital Ltd. has recorded a 50-day average of $20.32 and a two hundred day average of $19.82. Volume of trade was down over the average, with 0 shares of SLRC changing hands under the typical 101,034
Zacks Investment Research has upgraded Solar Capital Ltd. (NASDAQ:SLRC) to Hold in a statement released on 11/29/2016.
On Thursday February 25, 2016, Deutsche Bank released a statement for Solar Capital Ltd. (NASDAQ:SLRC) maintained the target price at $23.00 that suggested an upside of 0.37%.
With a total market value of $0, Solar Capital Ltd. has with a one year low of $15.05 and a one year high of $21.48 .
Brief Synopsis About Solar Capital Ltd. (NASDAQ:SLRC)
Solar Capital Ltd. is a management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests in the United States middle market companies. It invests primarily in leveraged middle markets companies in the form of senior secured loans, mezzanine loans and equity securities. The Company is focused primarily on the direct origination of investments through portfolio companies or financial sponsors. Its investments range from $5 million to $100 million. It is managed by Solar Capital Partners, LLC (Solar Capital Partners). It invests in a portfolio of industries, such as aerospace and defense, air freight and logistics, automobiles, asset management and custody banks, building products, chemicals, commercial services and supplies, communications equipment, construction and engineering, consumer finance, containers and packaging, distributors and diversified consumer services.
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