Stellus Capital Investment Corp (NYSE:SCM) target bumped up to $12.00, released a report earlier today by Zacks Investment Research
- Updated: October 11, 2016
Boasting a price of $10.92, Stellus Capital Investment Corp (NYSE:SCM) traded 0.01% higher on the day. With the last close up 2.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Stellus Capital Investment Corp has recorded a 50-day average of $11.12 and a two hundred day average of $10.58. Volume of trade was down over the average, with 20,131 shares of SCM changing hands under the typical 61,288
Reporting a potential upside of 0.10%, Zacks Investment Research upped the price target of Stellus Capital Investment Corp (NYSE:SCM) to $12.00
On 7/16/2015, Stephens released a statement on Stellus Capital Investment Corp (NYSE:SCM) bumped up the target price from $0.00 to $13.00 that suggested an upside of 0.11%.
With a total market value of $0, Stellus Capital Investment Corp has with a one year low of $7.15 and a one year high of $11.67 .
More About Stellus Capital Investment Corp (NYSE:SCM)
Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. It invests in various sectors, such as business services, energy, general industrial, government services, healthcare, software and specialty finance. Its investment advisor is Stellus Capital Management, LLC (Stellus Capital Management). Stellus Capital Management is responsible for analyzing investment opportunities, conducting research and performing due diligence on investments, negotiating and structuring the Company's investments, originating prospective investments, and monitoring its investments and portfolio companies on an ongoing basis.
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