HQH Stock Summary and Trading Ideas (Tekla Health Care Investors Co | NYSE:HQH)

The Fund's investment objective is long-term capital appreciation through investment in companies in the healthcare industry. This is a broad mandate and the Fund invests primarily in securities of public and private companies that are believed by the Fund's Investment Adviser, Tekla Capital Management LLC (the Adviser) to have significant potential for above-average growth. Effective October 15, 2014, the name of the Fund changed from H&Q Healthcare Investors to Tekla Healthcare Investors. HQH primarily invests in the healthcare industry (including biotechnology, medical devices, and pharmaceuticals). The Fund's objective is to provide long-term capital appreciation through investments in companies in the healthcare industry believed to have significant potential for above-average long-term growth. Selection will emphasize the smaller, emerging companies with a maximum of 40% of the Fund's assets in restricted securities of both public and private companies. Management believes this provides a unique opportunity not usually available to mutual fund investors.

Tekla Health Care Investors Co trades on the NYSE stock market under the symbol HQH.

As of April 26, 2024, HQH stock price climbed to $16.08 with 83,689 million shares trading.

HQH has a beta of 0.71, meaning it tends to be less sensitive to market movements. HQH has a correlation of 0.27 to the broad based SPY ETF.

HQH has a market cap of $814.05 million. This is considered a Small Cap stock.

In the last 3 years, HQH stock traded as high as $28.05 and as low as $14.31.

HQH has underperformed the market in the last year with a return of +5.0%, while the SPY ETF gained +27.4%. In the last 3 month period, HQH fell short of the market, returning -2.4%, while SPY returned +4.6%. However, in the most recent 2 weeks HQH has outperformed the stock market by returning +0.8%, while SPY returned -0.5%.

HQH support price is $15.89 and resistance is $16.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HQH stock will trade within this expected range on the day.