Moreover, the 36-month beta value for HRZN is 1.21. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for HRZN is 39.34M and currently, short sellers hold a 0.95% of that float. On January 20, 2025, HRZN’s average trading volume was 488.96K shares.
HRZN) stock’s latest price update
Horizon Technology Finance Corp (NASDAQ: HRZN)’s stock price has soared by 0.44 in relation to previous closing price of 9.19. Nevertheless, the company has seen a gain of 1.32% in its stock price over the last five trading days. businesswire.com reported 2025-01-08 that FARMINGTON, Conn.–(BUSINESS WIRE)–Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or “Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today provided its portfolio update for the fourth quarter ended December 31, 2024 and an update on the lending platform (“Hor.
HRZN’s Market Performance
HRZN’s stock has risen by 1.32% in the past week, with a monthly rise of 7.70% and a quarterly drop of -12.92%. The volatility ratio for the week is 1.71% while the volatility levels for the last 30 days are 1.87% for Horizon Technology Finance Corp. The simple moving average for the past 20 days is 1.79% for HRZN’s stock, with a -14.51% simple moving average for the past 200 days.
Analysts’ Opinion of HRZN
Many brokerage firms have already submitted their reports for HRZN stocks, with Compass Point repeating the rating for HRZN by listing it as a “Neutral.” The predicted price for HRZN in the upcoming period, according to Compass Point is $8.25 based on the research report published on December 17, 2024 of the previous year 2024.
B. Riley Securities gave a rating of “Sell” to HRZN, setting the target price at $11 in the report published on January 08th of the previous year.
HRZN Trading at 0.37% from the 50-Day Moving Average
After a stumble in the market that brought HRZN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.93% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.43% lower at present.
During the last 5 trading sessions, HRZN rose by +1.32%, which changed the moving average for the period of 200-days by -17.74% in comparison to the 20-day moving average, which settled at $9.07. In addition, Horizon Technology Finance Corp saw 2.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HRZN starting from Balkin Michael, who purchase 20,000 shares at the price of $8.53 back on Dec 16 ’24. After this action, Balkin Michael now owns 20,000 shares of Horizon Technology Finance Corp, valued at $170,600 using the latest closing price.
Michaud Gerald A., the President of Horizon Technology Finance Corp, purchase 8,000 shares at $9.31 during a trade that took place back on Nov 25 ’24, which means that Michaud Gerald A. is holding 169,309 shares at $74,519 based on the most recent closing price.
Stock Fundamentals for HRZN
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.86 for the gross margin
The net margin for Horizon Technology Finance Corp stands at -0.04. The total capital return value is set at 0.04.
Based on Horizon Technology Finance Corp (HRZN), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is 0.88.
Currently, EBITDA for the company is 11.94 million with net debt to EBITDA at 56.52. When we switch over and look at the enterprise to sales, we see a ratio of 7.08. The receivables turnover for the company is 6.7for trailing twelve months and the total asset turnover is 0.13.
Conclusion
To wrap up, the performance of Horizon Technology Finance Corp (HRZN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
