Capital Southwest Corporation(NASDAQ:CSWC) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Feb 6, 2017. Earnings per share were $0.21.
Capital Southwest Corporation (CSWC) shares turned negative on Tuesdays trading session with the shares closing down -0.02 points or -0.12% at a volume of 62,845. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16.43. The peak price level was also seen at $16.43 while the days lowest was $16.1. Finally the shares closed at $16.28. The 52-week high of the shares is $16.86 while the 52-week low is $13.19. According to the latest information available, the market cap of the company is $257 M.
Several Insider Transactions has been reported to the SEC. On Dec 16, 2016, David R Brooks (director) purchased 3,000 shares at $15.82 per share price.Also, On Nov 16, 2016, Thomas Duane Morgan (director) purchased 7,100 shares at $14.35 per share price.On Sep 15, 2016, Jack D Furst (director) purchased 9,000 shares at $14.90 per share price, according to the Form-4 filing with the securities and exchange commission.
Capital Southwest Corporation (CSWC) is an investment company. The Company’s investment interests are focused on acquisitions and investments in a range of industry segments. Its portfolio primarily consists of private companies in which it has controlling interests and private companies in which it holds either a minority interest or a debt security. It makes available managerial assistance to certain companies in which it invests. In allocating its future investments it is focused on investing in debt securities in middle market companies both sponsored and non-sponsored. The Company will seek investments with hold sizes ranging from $5 million to $20 million in companies with earnings before interest taxes depreciation and amortization (EBITDA) of at least $3 million. Its subsidiary Capital Southwest Venture Corporation (CSVC) is a closed-end non-diversified investment company. Capital Southwest Management Company is the management company for CSWC and CSVC.