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Horizon Technology Finance Corp’s Banking’s 100-Day Moving Average at 9.48: Will the Stock Break Through?

The market performance of Horizon Technology Finance Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $12.63 on 07/16/24, while the lowest value for the same duration was $8.46 on 12/17/24.

52-week price history of HRZN Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Horizon Technology Finance Corp’s current trading price is -31.55% away from its 52-week high, while its distance from the 52-week low is 2.19%. The stock’s price range during this period has spanned from $8.46 to $12.63. In the Financial sector, the Horizon Technology Finance Corp’s shares surpassed a trading volume of approximately 1.67 million for the day, which was noticeably higher compared to the average daily volume of 9.0.4 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Horizon Technology Finance Corp (HRZN) has experienced a quarterly decline of -7.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 344.73M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.48, with a change in price of -1.94. Similarly, Horizon Technology Finance Corp recorded 446,943 in trading volume during the last 100 days, posting a change of -18.32%.

HRZN Stock Stochastic Average

Today, Horizon Technology Finance Corp’s raw stochastic average for the past 50 days stands at 1.47%, indicating a rise from the raw stochastic average of the last 20 days, which was 1.47%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 39.79% and 60.45% respectively.

HRZN Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -3.84% this year. Over the last six months, there has been a stronger performance of -21.76%. The price of HRZN leaped by -7.34% during the last 30 days period. For the last 5-days stocks have slided -10.60%.

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