Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hercules Capital Inc before investing.

In this article, we go over a few key elements for understanding Hercules Capital Inc’s stock price such as:

• Hercules Capital Inc’s current stock price and volume
• Why Hercules Capital Inc’s stock price changed recently
• Upgrades and downgrades for HTGC from analysts
• HTGC’s stock price momentum as measured by its relative strength

About Hercules Capital Inc (HTGC)

Before we jump into Hercules Capital Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Hercules Capital, Inc. is a specialty finance company. The Company is focused on providing financing solutions to venture capital-backed and institutional-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. It is structured as an internally managed, non-diversified, closed-end investment company. Its business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments in primarily Structured Debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology related industries at attractive yields. It invests in a range of companies active in the technology industry sub-sectors characterized by products or services that require advanced technologies, including, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure and others.

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Hercules Capital Inc’s Stock Price as of Market Close

As of February 16, 2024, 4:00 PM, CST, Hercules Capital Inc’s stock price was $18.60.

Hercules Capital Inc is up 4.85% from its previous closing price of $17.74.

During the last market session, Hercules Capital Inc’s stock traded between $17.60 and $17.87. Currently, there are 152.70 million shares of Hercules Capital Inc stock available for purchase.

Hercules Capital Inc’s price-earnings (P/E) ratio is currently at 9.1, which is low compared to the Investment Management & Fund Operators industry median of 13.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hercules Capital Inc Stock Price History

Hercules Capital Inc’s (HTGC) price is currently up 7.45% so far this month.

During the month of February, Hercules Capital Inc’s stock price has reached a high of $18.65 and a low of $16.72.

Over the last year, Hercules Capital Inc has hit prices as high as $18.05 and as low as $10.94. Year to date, Hercules Capital Inc’s stock is up 40.7%.

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What Caused Hercules Capital Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 15, 2024, there was 1 analyst who downgraded Hercules Capital Inc’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hercules Capital Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hercules Capital Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hercules Capital Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hercules Capital Inc (HTGC) by visiting AAII Stock Evaluator.

Relative Price Strength of Hercules Capital Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 15, 2024, Hercules Capital Inc has a weighted four-quarter relative price strength of -0.18%, which translates to a Momentum Score of 70 and is considered to be Strong.

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Hercules Capital Inc Stock Price: Bottom Line

As of February 16, 2024, Hercules Capital Inc’s stock price is $18.60, which is up 4.85% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hercules Capital Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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