In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Horizon Technology Finance Corp (NASDAQ: HRZN) closed the day trading at $9.27 down -1.80% from the previous closing price of $9.44. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 0.73 million shares were traded. HRZN stock price reached its highest trading level at $9.43 during the session, while it also had its lowest trading level at $9.18.
Ratios:
For a better understanding of HRZN, let’s look at its different ratios.
Upgrades & Downgrades
On January 08, 2024, B. Riley Securities Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $11.
Compass Point Downgraded its Neutral to Sell on October 17, 2023, while the target price for the stock was maintained at $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 05 ’24 when Goodman Jonathan Joseph bought 2,313 shares for $10.81 per share. The transaction valued at 25,004 led to the insider holds 2,313 shares of the business.
Balkin Michael bought 10,000 shares of HRZN for $105,800 on Aug 05 ’24. The Director now owns 10,000 shares after completing the transaction at $10.58 per share. On Mar 08 ’24, another insider, Michaud Gerald A., who serves as the President of the company, bought 3,650 shares for $11.77 each. As a result, the insider paid 42,960 and bolstered with 156,244 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRZN now has a Market Capitalization of 352838464 and an Enterprise Value of 732101376. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 7.002.
Stock Price History:
Over the past 52 weeks, HRZN has reached a high of $13.67, while it has fallen to a 52-week low of $9.30. The 50-Day Moving Average of the stock is -12.33%, while the 200-Day Moving Average is calculated to be -20.00%.
Shares Statistics:
Over the past 3-months, HRZN traded about 362.52K shares per day on average, while over the past 10 days, HRZN traded about 526770 shares per day. A total of 38.06M shares are outstanding, with a floating share count of 37.58M. Insiders hold about 1.27% of the company’s shares, while institutions hold 6.21% stake in the company. Shares short for HRZN as of 1728950400 were 812788 with a Short Ratio of 2.24, compared to 1726185600 on 747103. Therefore, it implies a Short% of Shares Outstanding of 812788 and a Short% of Float of 2.17.
Dividends & Splits
HRZN’s forward annual dividend rate is 1.32, up from 1.37 a year ago. Against a Trailing Annual Dividend Yield of 0.14512713The stock’s 5-year Average Dividend Yield is 9.93.
