At the time of writing, Horizon Technology Finance Corp [HRZN] stock is trading at $10.30, up 2.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HRZN shares have lost -0.29% over the last week, with a monthly amount drifted -2.92%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Horizon Technology Finance Corp [NASDAQ: HRZN] stock has seen the most recent analyst activity on February 28, 2024, when Ladenburg Thalmann downgraded its rating to a Neutral. Previously, B. Riley Securities downgraded its rating to Sell on January 08, 2024, and kept the price target unchanged to $11. On October 17, 2023, downgrade downgraded it’s rating to Sell but maintained its price target of $10 on the stock. Compass Point upgraded its rating to a Neutral and decreased its price target to $10.50 on September 27, 2023. Compass Point downgraded its rating to a Sell but $11 remained the price target by the analyst firm on August 04, 2023. Ladenburg Thalmann started tracking with a Buy rating for this stock on April 11, 2023, and assigned it a price target of $12.50. In a note dated December 20, 2022, Keefe Bruyette downgraded an Underperform rating on this stock and revised its target price from $11.50 to $10.50.
For the past year, the stock price of Horizon Technology Finance Corp fluctuated between $9.97 and $13.67. Horizon Technology Finance Corp [NASDAQ: HRZN] shares were valued at $10.30 at the most recent close of the market.
Analyzing the HRZN fundamentals
According to Horizon Technology Finance Corp [NASDAQ:HRZN], the company’s sales were 109.13M for trailing twelve months, which represents an -8.70% plunge. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.14 points at the first support level, and at 9.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.38, and for the 2nd resistance point, it is at 10.46.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 1.13.
Transactions by insiders
Recent insider trading involved Goodman Jonathan Joseph, Director, that happened on Aug 05 ’24 when 2313.0 shares were purchased. Director, Balkin Michael completed a deal on Aug 05 ’24 to buy 10000.0 shares. Meanwhile, President Michaud Gerald A. bought 3650.0 shares on Mar 08 ’24.
