On Tuesday, Horizon Technology Finance Corp (NASDAQ: HRZN) opened higher 1.82% from the last session, before settling in for the closing price of $8.78. Price fluctuations for HRZN have ranged from $7.55 to $12.63 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -1.24% at the time writing. With a float of $39.80 million, this company’s outstanding shares have now reached $40.33 million.
In terms of profitability, gross margin is 84.27%, operating margin of 56.5%, and the pretax margin is -7.17%.
Horizon Technology Finance Corp (HRZN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Horizon Technology Finance Corp is 1.33%, while institutional ownership is 9.15%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.24% per share during the next fiscal year.
Horizon Technology Finance Corp (NASDAQ: HRZN) Trading Performance Indicators
Check out the current performance indicators for Horizon Technology Finance Corp (HRZN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.22 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 0.4 million. That was better than the volume of 0.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.80%. Additionally, its Average True Range was 0.30.
During the past 100 days, Horizon Technology Finance Corp’s (HRZN) raw stochastic average was set at 56.97%, which indicates a significant decrease from 91.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.98% in the past 14 days, which was higher than the 33.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.06, while its 200-day Moving Average is $9.91. However, in the short run, Horizon Technology Finance Corp’s stock first resistance to watch stands at $9.14. Second resistance stands at $9.35. The third major resistance level sits at $9.62. If the price goes on to break the first support level at $8.67, it is likely to go to the next support level at $8.40. The third support level lies at $8.19 if the price breaches the second support level.
Horizon Technology Finance Corp (NASDAQ: HRZN) Key Stats
There are currently 40,332K shares outstanding in the company with a market cap of 360.57 million. Presently, the company’s annual sales total 99,920 K according to its annual income of -5,630 K. Last quarter, the company’s sales amounted to 23,550 K and its income totaled -12,430 K.
