SSSS - SuRo Capital sees Q1 net asset value rising 7% from prior quarter

SuRo Capital (NASDAQ:SSSS) said Monday that it's expecting Q1 net asset value of approximately $11.85 to $12.55 per share, up from $11.72 in Q4, said Mark Klein, Chairman and Chief Executive Officer of the asset manager.  SSSS shares are ticking higher by 1% in afterhours trading. The estimate was "inclusive of the effect of the $0.11 per share dividend declared during the quarter,” klein added. Take a look at SuRo's (SSSS) A+ Valuation Grade, highlighted by its price-to-earnings ratio and price-cash flow ratio. Previously, (March 10) SuRo Capital reported a drop of 22.5% in net asset value.

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SuRo Capital sees Q1 net asset value rising 7% from prior quarter