LF

Logan Ridge Finance

LRFC
NASDAQFinancials
$19.08
USD
+0.00(0.00%)
At close: Jul 15, 20:00 UTC
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Market Snapshot

Market Cap

$50.67M

P/E Ratio

-7.0

EPS

-0.01

Revenue

$20.92M

Why LRFC moved

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About

Logan Ridge Finance Corporation is a business development company. The company is headquartered in New York City, New York. The company went IPO on 2013-09-25. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The firm invests in first lien loans, and, to a lesser extent, second lien loans and equity securities issued by lower middle-market and traditional middle-market companies. The firm invests in a portfolio of sectors, such as healthcare, business services, financials, information technology, industrials, consumer discretionary, communication services, consumer staples, entertainment, and data processing and digital marketing. The firm's investment advisor is Mount Logan Management LLC (Mount Logan).

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