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The closing price of Horizon Technology Finance Corp (NASDAQ: HRZN) was $10.06 for the day, down -1.66% from the previous closing price of $10.23. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 0.52 million shares were traded. HRZN stock price reached its highest trading level at $10.2293 during the session, while it also had its lowest trading level at $10.025.
Ratios:
Our analysis of HRZN’s different ratios will help us gain a deeper understanding of the company.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 362760608 and an Enterprise Value of 730301504. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 6.692.
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 $10.05. The 50-Day Moving Average of the stock is -6.97%, while the 200-Day Moving Average is calculated to be -14.27%.
Shares Statistics:
HRZN traded an average of 318.21K shares per day over the past three months and 461700 shares per day over the past ten days. A total of 36.06M shares are outstanding, with a floating share count of 35.58M. Insiders hold about 1.34% of the company’s shares, while institutions hold 6.42% stake in the company. Shares short for HRZN as of 1727654400 were 716709 with a Short Ratio of 2.25, compared to 1724976000 on 646675. Therefore, it implies a Short% of Shares Outstanding of 716709 and a Short% of Float of 2.01.
Dividends & Splits
With its trailing 12-month dividend rate of 1.32, HRZN has a forward annual dividend rate of 1.32. Against a Trailing Annual Dividend Yield of 0.12903227The stock’s 5-year Average Dividend Yield is 9.86.
