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TheStreet downgraded Horizon Technology Finance Corp (NASDAQ:HRZN) to Hold in a statement released earlier today.

Having a price of $11.23, Horizon Technology Finance Corp (NASDAQ:HRZN) traded -0.89% lower on the day. With the last close down -12.14% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HRZN has recorded a 50-day average of $12.14 and a two hundred day average of $12.70. Trade Volume was down over the average, with 48,047 shares of HRZN changing hands under the typical 77,005

TheStreet has downgraded Horizon Technology Finance Corp (NASDAQ:HRZN) to Hold in a statement released on Monday November 21, 2016.

Recent Performance Chart

Horizon Technology Finance Corp (NASDAQ:HRZN)

Horizon Technology Finance Corp has PE ratio of 17.04 with a one year low of $9.01 and a one year high of $13.95 and has a market capitalization of $0.

A total of 5 brokers have issued a research note on the stock. 2 firms rating the stock a strong buy, two brokerages rating the company a buy, three brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell with a one year target of $13.63.

More About Horizon Technology Finance Corp (NASDAQ:HRZN)

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company's investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Company operates through lending and investment segment. The Company operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Company is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries. Its debt investment portfolio consists of approximately 50 debt investments. Horizon Technology Finance Management LLC is the investment advisor of the Company.

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