Horizon Technology Finance Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 9/28 in the Collective Investments industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.83.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Horizon Technology Finance Corp's Score
Industry at a Glance
Industry Ranking
9 / 28
Overall Ranking
174 / 4585
Industry
Collective Investments
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Hold
Current Rating
6.833
Target Price
+1.54%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Horizon Technology Finance Corp Highlights
StrengthsRisks
Horizon Technology Finance Corporation is a 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. The Company's investment objective is to maximize its investment portfolio’s return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It is focused on making secured debt investments to venture capital and private equity-backed companies and publicly traded companies in its target industries. It seeks to invest in companies that vary by their stage of development, their target industries and sectors of target industries and their geographical location, as well as by the venture capital and private equity sponsors that support its portfolio companies. The Company’s adviser is Horizon Technology Finance Management LLC.
Growing
The company is in a growing phase, with the latest annual income totaling USD 46.50M.
Undervalued
The company’s latest PB is 0.90, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.91M shares, decreasing 33.76% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.74.
Horizon Technology Finance Corporation is a 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. The Company's investment objective is to maximize its investment portfolio’s return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It is focused on making secured debt investments to venture capital and private equity-backed companies and publicly traded companies in its target industries. It seeks to invest in companies that vary by their stage of development, their target industries and sectors of target industries and their geographical location, as well as by the venture capital and private equity sponsors that support its portfolio companies. The Company’s adviser is Horizon Technology Finance Management LLC.
Ticker SymbolHRZN
CompanyHorizon Technology Finance Corp
CEOBalkin (Michael P)
Websitehttps://horizontechfinance.com
FAQs
What is the current price of Horizon Technology Finance Corp (HRZN)?
The current price of Horizon Technology Finance Corp (HRZN) is 6.380.
What is the symbol of Horizon Technology Finance Corp?
The ticker symbol of Horizon Technology Finance Corp is HRZN.
What is the 52-week high of Horizon Technology Finance Corp?
The 52-week high of Horizon Technology Finance Corp is 9.990.
What is the 52-week low of Horizon Technology Finance Corp?
The 52-week low of Horizon Technology Finance Corp is 5.705.
What is the market capitalization of Horizon Technology Finance Corp?
The market capitalization of Horizon Technology Finance Corp is 282.73M.
What is the net income of Horizon Technology Finance Corp?
The net income of Horizon Technology Finance Corp is -5.63M.
Is Horizon Technology Finance Corp (HRZN) currently rated as Buy, Hold, or Sell?
According to analysts, Horizon Technology Finance Corp (HRZN) has an overall rating of Hold, with a price target of 6.833.
What is the Earnings Per Share (EPS TTM) of Horizon Technology Finance Corp (HRZN)?
The Earnings Per Share (EPS TTM) of Horizon Technology Finance Corp (HRZN) is -0.626.