Zacks Investment Research downgraded Solar Capital Ltd. (NASDAQ:SLRC) to Hold in a report released today.
- Updated: October 15, 2016
Yesterday Solar Capital Ltd. (NASDAQ:SLRC) traded -0.05% lower at $20.42. The company’s 50-day moving average is $20.42 and its 200-day moving average is $19.20. The last closing price is up 5.53% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 71,675 shares of the stock were exchanged, down from an average trading volume of 109,512
Zacks Investment Research has downgraded Solar Capital Ltd. (NASDAQ:SLRC) to Hold in a report released on Wednesday October 12, 2016.
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Solar Capital Ltd. has a 52 week low of $15.05 and a 52 week high of $20.88 The company’s market cap is currently $0.
General Information 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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