Stellus Capital Investment Corp's Stock Rating Downgraded by StockNews.com

Stellus Capital Investment Corp, represented by the stock ticker SCM, experienced a downgrade in their stock rating by StockNews.com. The investment firm's security was reassigned from a 'hold' to a 'sell' rating. This decision reflects the analysts' latest perspectives on the stock amidst various financial analyses and market performance assessments.

Overview of Recent SCM Analyst Reports

Aside from StockNews.com's downgrade, SCM has been the subject of several analyst reports. B. Riley previously raised their price target on SCM from $14.00 to $14.25, maintaining a 'neutral' rating. In a contrasting move, Oppenheimer shifted their stance on the company, regrading it from an 'outperform' to a 'market perform' rating. These mixed analyses spotlight the diverse views held by the financial community toward Stellus Capital Investment's market positioning and potential.

Performance and Earnings Highlights for Stellus Capital Investment

On the financial performance front, SCM opened at $12.52 recently. The company boasts a market capitalization of $302.11 million and maintains a P/E ratio of 25.04. Furthermore, it shows a beta of 1.20, indicating some degree of volatility relative to the market. The fifty-day and two-hundred-day simple moving averages stand at $13.39 and $14.03, respectively, suggesting a performance trend over these periods. SCM has posted a yearly low of $12.19 and a high of $16.08, marking the range within which the stock has fluctuated.

In the realm of earnings, SCM disclosed quarterly earnings results demonstrating a $0.51 earnings per share, which exceeded the forecasts by $0.03. This performance underlines a return on equity at 13.35% and a profit margin of nearly 9.91%. Revenue figures for the quarter were also reported, exceeding expectations.

Institutional Engagement with SCM Shares

Numerous institutional investors and hedge funds have been actively adjusting their holdings in SCM. Increases in share ownership by entities such as Sigma Planning Corp and Cetera Advisors LLC indicate a heightened interest by institutional players. Meanwhile, Acadian Asset Management LLC and Raymond James & Associates notably boosted their stakes in the company. Approximately 14.69% of SCM's stock is currently held by these institutional investors and similar entities.

Corporate Profile: Stellus Capital Investment

SCM operates primarily as a business development company focusing on investing in private middle-market corporations. Their investment activities often include a mix of debt financing options and occasionally an equity component. With an aim to invest predominantly in businesses in the United States and Canada, SCM occupies a niche in the private debt sector and provides varied financial solutions to its clientele.

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