A new trading day began on Monday, with Horizon Technology Finance Corp (NASDAQ: HRZN) stock price down -7.75% from the previous day of trading, before settling in for the closing price of $9.29. HRZN’s price has ranged from $9.07 to $13.67 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -28.80%. With a float of $37.56 million, this company’s outstanding shares have now reached $38.06 million.
In terms of profitability, gross margin is 86.47%, operating margin of 26.36%, and the pretax margin is -3.3%.
Horizon Technology Finance Corp (HRZN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of Horizon Technology Finance Corp is 1.27%, while institutional ownership is 6.26%. The most recent insider transaction that took place on Nov 25 ’24, was worth 74,519. In this transaction President of this company bought 8,000 shares at a rate of $9.31, taking the stock ownership to the 169,309 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director bought 5,000 for $9.35, making the entire transaction worth $46,750. This insider now owns 55,000 shares in total.
Horizon Technology Finance Corp (HRZN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 4.98% growth over the previous five years of trading.
Horizon Technology Finance Corp (NASDAQ: HRZN) Trading Performance Indicators
Here are Horizon Technology Finance Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of Horizon Technology Finance Corp (HRZN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.71 million. That was better than the volume of 0.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.48%. Additionally, its Average True Range was 0.17.
During the past 100 days, Horizon Technology Finance Corp’s (HRZN) raw stochastic average was set at 1.83%, which indicates a significant decrease from 7.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.01% in the past 14 days, which was higher than the 21.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.67, while its 200-day Moving Average is $11.05. However, in the short run, Horizon Technology Finance Corp’s stock first resistance to watch stands at $9.05. Second resistance stands at $9.53. The third major resistance level sits at $9.81. If the price goes on to break the first support level at $8.30, it is likely to go to the next support level at $8.02. The third support level lies at $7.54 if the price breaches the second support level.
Horizon Technology Finance Corp (NASDAQ: HRZN) Key Stats
With a market capitalization of 326.19 million, the company has a total of 38,062K Shares Outstanding. Currently, annual sales are 113,480 K while annual income is -17,190 K. The company’s previous quarter sales were 24,560 K while its latest quarter income was 7,280 K.
