BidaskClub downgraded shares of Monroe Capital (NASDAQ:MRCC) from a sell rating to a strong sell rating in a research report report published on Saturday.
Other equities analysts have also issued reports about the stock. TheStreet upgraded shares of Monroe Capital from a c+ rating to a b rating in a report on Monday, November 27th. National Securities restated a buy rating and issued a $17.00 price objective on shares of Monroe Capital in a report on Monday, November 13th. Finally, Zacks Investment Research upgraded shares of Monroe Capital from a sell rating to a hold rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $16.67.
Monroe Capital (NASDAQ:MRCC) opened at $13.33 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.52. The firm has a market cap of $269.80, a PE ratio of 13.60 and a beta of 0.54. Monroe Capital has a fifty-two week low of $12.81 and a fifty-two week high of $16.20.
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Monroe Capital Company Profile
Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.
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