For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $8.94 in the prior trading day, Horizon Technology Finance Corp (NASDAQ: HRZN) closed at $7.44, down -16.78%. In other words, the price has decreased by -$16.78 from its previous closing price. On the day, 2.33 million shares were traded. HRZN stock price reached its highest trading level at $7.8499 during the session, while it also had its lowest trading level at $7.2626.
Ratios:
Our goal is to gain a better understanding of HRZN by taking a closer look at its different ratios.
On December 17, 2024, Compass Point Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $8.25.
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 Dec 16 ’24 when Balkin Michael bought 20,000 shares for $8.53 per share. The transaction valued at 170,600 led to the insider holds 20,000 shares of the business.
Michaud Gerald A. bought 8,000 shares of HRZN for $74,519 on Nov 25 ’24. The President now owns 169,309 shares after completing the transaction at $9.31 per share. On Nov 13 ’24, another insider, SAVAGE JOSEPH J, who serves as the Director of the company, bought 5,000 shares for $9.35 each. As a result, the insider paid 46,750 and bolstered with 55,000 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 300070080 and an Enterprise Value of 758056192. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 7.587.
Stock Price History:
The Beta on a monthly basis for HRZN is 1.03, which has changed by -0.36895674 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, HRZN has reached a high of $12.63, while it has fallen to a 52-week low of $7.55. The 50-Day Moving Average of the stock is -17.44%, while the 200-Day Moving Average is calculated to be -24.75%.
Shares Statistics:
The stock has traded on average 378.25K shares per day over the past 3-months and 553580 shares per day over the last 10 days, according to various share statistics. A total of 40.33M shares are outstanding, with a floating share count of 39.80M. Insiders hold about 1.33% of the company’s shares, while institutions hold 9.15% stake in the company. Shares short for HRZN as of 1744675200 were 663887 with a Short Ratio of 1.76, compared to 1741910400 on 612008. Therefore, it implies a Short% of Shares Outstanding of 663887 and a Short% of Float of 1.67.
Dividends & Splits
In the trailing 12 months, HRZN’s forward annual dividend rate was 0.0, compared to 1.32 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 10.2.
