Hercules Capital Inc. (NYSE:HTGC) went down by -0.56% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Mortgage Finance giant went up by $10.66 to trade ended Thursday trading at $10.72. This is down from the $10.72 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with HTGC down by -23.55% year-to-date.
Hercules Capital Inc. (HTGC) started the day trading at $10.64 and recorded an intraday high of $10.97. It also recorded an intraday low of $10.58 during Thursday’s trading session. Hercules Capital Inc. is a very active stock that recorded a trading volume that is less than -121.9% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 635421, which is less than -121.9 of the total average daily trading volume of 1.41 million.
Hercules Capital Inc. (NYSE:HTGC) 2020 Performance Impressive
The increase in HTGC’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HTGC currently stands at $16.31, which is higher than the current trading price of the stock by 34.64%. However, HTGC’s current trading price is -96.68% lower than the 52-week low price of $5.42. In terms of trading volume, Hercules Capital Inc. currently experienced healthy participation during the last trading session. 635421 shares of Hercules Capital Inc. were traded on the stock exchange on Thursday, which is less than -121.9% of the 1.41 million average trading volume of the stock.
The performance of the stock has been positive over the past year. HTGC’s performance over the past one year has seen it plunge by -16.15%, while the stock has gone down by -24.57% in the last six months. The quarterly performance of HTGC currently stands at 34.09%, and it is down by -2.11% in the last month. The only positive figure was from the weekly performance, which currently reads 3.60%. At the time of writing HTGC’s report, the company has a total market cap of $1.18B, making it one of the largest publicly-traded companies in the world.Hercules Capital Inc. also has over 77 employees all over the world.
HTGC Insider Activities
For Hercules Capital Inc., insiders hold 32.47% of all company shares. The insider transactions over the past six months are up by 21.50%. During that period, insiders bought 531,489 shares in 23 transactions. In that same period, insiders sold 188,109 of their shares in 24 transactions. After these transactions, insiders at Hercules Capital Inc. now hold 2.95M shares, which is over 32.46% of the total company stocks. Institutional investors currently hold a large chunk of the HTGC shares, as they control 2.69% of the company’s total stock.
HTGC Fundamental Analysis
For Hercules Capital Inc., the stock’s diluted earnings per share (EPS) stands at 0.79. In the coming year, analysts expect the EPS to be 1.35. The EPS growth will up over the next five years to 5.00% after surging by 5.37% in the previous five years. In terms of revenue, Hercules Capital Inc.’s quarterly sales (YOY) is growing at 0.33, which is lower than the average annual revenue of 5.37% over the past half a decade.
HTGC Analysts Prediction
Another analyst that has a Market Perform rating for HTGC is Wells Fargo, which set a price target of between $12.75 and $13.25. B. Riley FBR reiterate their Buy position on the stock ($11.50 and $15) and Keefe Bruyette reiterate their Mkt Perform position on the stock ($14 and $11.50).
Analysts at B. Riley FBR believe that HTGC is Neutral, and they have a price target of between $15 and $11.50. Ladenburg Thalmann and FBR & Co. also believe that Hercules Capital Inc.’s stock is outperforming at the moment.
HTGC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HTGC currently stands at -4.97%, while the SMA50 is 3.03%. The biggest one is the SMA200, which is currently reading -14.69% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 48.62, while its price to earnings ratio (P/E) is 13.53.