Logan Ridge Finance Stock (NASDAQ:LRFC)
Previous Close
$24.08
52W Range
$19.82 - $24.80
50D Avg
$21.98
200D Avg
$22.33
Market Cap
$64.39M
Avg Vol (3M)
$3.13K
Beta
1.28
Div Yield
$1.28 (5.32%)
LRFC Company Profile
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.