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29.6% Return Seen to Date on SmarTrend Solar Capital Call (SLRC)

By David Diaz

SmarTrend identified an Uptrend for Solar Capital (NASDAQ:SLRC) on February 26th, 2016 at $16.94. In approximately 16 months, Solar Capital has returned 29.61% as of today's recent price of $21.95.

In the past 52 weeks, Solar Capital share prices have been bracketed by a low of $15.05 and a high of $22.94 and are now at $21.95, 46% above that low price. The 200-day and 50-day moving averages have moved 0.03% lower and 0.79% higher over the past week, respectively.

Solar Capital Ltd. is an an externally managed finance company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. Solar invests primarily in leveraged companies, including middle-market companies, in the form of senior secured loans, mezzanine loans and equity securities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Solar Capital shares.

Log in and add Solar Capital (SLRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights solar capital

Ticker(s): SLRC