TheStreet upgraded Capitala Finance Corp (NASDAQ:CPTA) to Hold in a report released today.
- Updated: September 27, 2016
Yesterday Capitala Finance Corp (NASDAQ:CPTA) traded 0.00% even at $13.11. The company’s 50-day moving average is $14.77 and its 200-day moving average is $13.87. The last stock close price is down -5.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 91,112 shares of the stock were exchanged, down from an average trading volume of 100,005
TheStreet has upgraded Capitala Finance Corp (NASDAQ:CPTA) to Hold in a report released on 9/26/2016.
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Capitala Finance Corp has a 52 week low of $9.54 and a 52 week high of $15.80 The company’s market cap is currently $0.
In addition to TheStreet reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $16.10 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Capitala Finance Corp (NASDAQ:CPTA)
Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. It invests in mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to a lesser extent, equity securities issued by lower middle-market and middle-market companies. It invests in various sectors, which include oil and gas services, consumer electronics, transportation, financial services and business services. It is managed by Capitala Investment Advisors, LLC.
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