A new trading day began on Friday, with Horizon Technology Finance Corp (NASDAQ: HRZN) stock price up 0.44% from the previous day of trading, before settling in for the closing price of $9.19. HRZN’s price has ranged from $8.46 to $13.36 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -30.34%. With a float of $39.34 million, this company’s outstanding shares have now reached $39.88 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 Activity
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 1.34%, while institutional ownership is 7.01%. The most recent insider transaction that took place on Dec 16 ’24, was worth 170,600. In this transaction Director of this company bought 20,000 shares at a rate of $8.53, taking the stock ownership to the 20,000 shares. Before that another transaction happened on Nov 25 ’24, when Company’s President bought 8,000 for $9.31, making the entire transaction worth $74,519. This insider now owns 169,309 shares in total.
Horizon Technology Finance Corp (HRZN) Earnings and Forecasts
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 -30.34% per share during the next fiscal year.
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 3.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.26 in one year’s time.
Technical Analysis of Horizon Technology Finance Corp (HRZN)
Analysing the last 5-days average volume posted by the [Horizon Technology Finance Corp, HRZN], we can find that recorded value of 0.51 million was better than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 78.26%. Additionally, its Average True Range was 0.16.
During the past 100 days, Horizon Technology Finance Corp’s (HRZN) raw stochastic average was set at 28.62%, which indicates a significant decrease from 87.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.66% in the past 14 days, which was lower than the 19.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.20, while its 200-day Moving Average is $10.80. Now, the first resistance to watch is $9.25. This is followed by the second major resistance level at $9.28. The third major resistance level sits at $9.31. If the price goes on to break the first support level at $9.19, it is likely to go to the next support level at $9.16. Should the price break the second support level, the third support level stands at $9.13.
Horizon Technology Finance Corp (NASDAQ: HRZN) Key Stats
With a market capitalization of 368.05 million, the company has a total of 39,876K 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.
