In yesterday’s Wall Street session, Horizon Technology Finance Corp (NASDAQ:HRZN) shares traded at $9.23, up 0.44% from the previous session.
HRZN stock price is now 0.37% away from the 50-day moving average and -14.51% away from the 200-day moving average. The market capitalization of the company currently stands at $368.05M.
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With the price target maintained at $8.25, Compass Point recently Upgraded its rating from Sell to Neutral for Horizon Technology Finance Corp (NASDAQ: HRZN). , while ‘B. Riley Securities’ rates the stock as ‘Sell’
In other news, Balkin Michael, Director bought 20,000 shares of the company’s stock on Dec 16 ’24. The stock was bought for $170,600 at an average price of $8.53. Upon completion of the transaction, the Director now directly owns 20,000 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, President Michaud Gerald A. bought 8,000 shares of the business’s stock. A total of $74,519 was incurred on buying the stock at an average price of $9.31. This leaves the insider owning 169,309 shares of the company worth $1.56 million. A total of 1.34% of the company’s stock is owned by insiders.
During the past 12 months, Horizon Technology Finance Corp has had a low of $8.46 and a high of $13.36. The fifty day moving average price for HRZN is $9.1956 and a two-hundred day moving average price translates $10.7963 for the stock.
The latest earnings results from Horizon Technology Finance Corp (NASDAQ: HRZN) was released for 2024-09-30. The company reported revenue of $24.56 million for the quarter, compared to $29.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.7 percent. For the current quarter, analysts expect HRZN to generate $25.68M in revenue.
