|Bid||2.10 x 800|
|Ask||2.24 x 3200|
|Day's Range||2.14 - 2.20|
|52 Week Range||1.68 - 2.50|
|Beta (3Y Monthly)||0.15|
|PE Ratio (TTM)||4.72|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
MONTCLAIR, N.J., Oct. 11, 2018 -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”) announced the following new and previously undisclosed publicly traded.
Turkey's financial crisis doesn't look like it will end anytime soon, after President Recep Tayyip Erdogan doubled down on his opposition to higher rates today. Turkey makes up less than 1% of the emerging markets index, but its small size hasn’t kept it from creating big ripples during the dog days of summer. Most investors are steering clear of Turkey, as it grapples with the fallout from years of binging on dollar-denominated debt, but the bigger question is who else could get caught up in Turkey's crisis.
MONTCLAIR, N.J., Aug. 06, 2018-- 180 Degree Capital Corp., announced today that the investment focus of the company’ s second special purpose vehicle is Synacor, Inc.. In April 2018, 180 raised $3.35 million ...
MONTCLAIR, N.J., Aug. 01, 2018 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (TURN) (“180” and the “Company”), announced today that it sold its position in HZO, Inc., to undisclosed buyers for $7 million in a transaction that closed shortly after the end of the second quarter of 2018. 180 valued its position in HZO at $6.5 million as of the end of March 31, 2018. The $500,000 difference between that value and the sale price is reflected in 180’s net asset value per share (“NAV”) as of June 30, 2018. 180’s cost basis for its investment in HZO was $9.1 million. Including this $7 million, 180’s cash and publicly traded securities was $43.8 million, or $1.40 per share.
180’s private portfolio was effectively flat during the quarter, with increases in value led by AgBiome, LLC, HZO, Inc., and ORIG3N, Inc., offset by decreases in value in NGX Bio, Inc. and Petra Pharma Corporation. 180 sold its securities of HZO, Inc. for $7 million in a transaction that closed shortly after the end of the quarter.
Presentation materials along with a replay of the meeting will be available on the Company's investor relations website at https://ir.180degreecapital.com/ir-calendar. 180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 and its holdings can be found on its website at www.180degreecapital.com.
180 Degree Capital Corp (NASDAQ:TURN) trades with a trailing P/E of 6.7x, which is lower than the industry average of 16.2x. While this makes TURN appear like a great stockRead More...