Hercules Capital Inc [NYSE: HTGC] traded at a low on Wednesday, posting a -4.41 loss after which it closed the day’ session at $19.09.
The results of the trading session contributed to over 5571879 shares changing hands. Over the past one week, the price volatility of Hercules Capital Inc stands at 3.05% while the volatility over the past one month is 2.17%.
The market cap for HTGC stock reached $3.31 billion, with 173.15 million shares outstanding and 169.33 million shares in the current float. Compared to the average trading volume of 980.57K shares, HTGC reached a trading volume of 5571879 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hercules Capital Inc [HTGC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HTGC shares is $21.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HTGC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Hercules Capital Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 12, 2024. While these analysts kept the previous recommendation, Compass Point raised their target price from $17 to $17.50. The new note on the price target was released on January 16, 2024, representing the official price target for Hercules Capital Inc stock. Previously, the target price had yet another raise to $17, while UBS analysts kept a Neutral rating on HTGC stock.
The Average True Range (ATR) for Hercules Capital Inc is set at 0.51, with the Price to Sales ratio for HTGC stock in the period of the last 12 months amounting to 6.70. The Price to Book ratio for the last quarter was 1.62.
How has HTGC stock performed recently?
Hercules Capital Inc [HTGC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.46. With this latest performance, HTGC shares dropped by -8.75% in over the last four-week period, additionally plugging by 0.32% over the last 6 months – not to mention a rise of 7.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HTGC stock in for the last two-week period is set at 29.06, with the RSI for the last a single of trading hit 21.53, and the three-weeks RSI is set at 34.42 for Hercules Capital Inc [HTGC]. The present Moving Average for the last 50 days of trading for this stock 20.57, while it was recorded at 20.22 for the last single week of trading, and 19.86 for the last 200 days.
Insider trade positions for Hercules Capital Inc [HTGC]
The top three institutional holders of HTGC stocks are: VAN ECK ASSOCIATES CORP with ownership of 2.82 million shares, which is approximately 1.7573%. SOUND INCOME STRATEGIES, LLC, holding 2.69 million shares of the stock with an approximate value of $$55.0 million in HTGC stocks shares; and SOUND INCOME STRATEGIES, LLC, currently with $$25.66 million in HTGC stock with ownership which is approximately 0.7804%.
