HTGC Stock Summary and Trading Ideas (Hercules Capital | NYSE:HTGC)

Hercules Capital Inc is a specialty finance company engaged in providing senior secured loans to high-growth, venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. It invests majorly in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The company lends to and invests in portfolio companies in various technology-related industries including technology, drug discovery and development, biotechnology, life sciences, healthcare, and sustainable and renewable technology.

Hercules Capital trades on the NYSE stock market under the symbol HTGC.

As of December 12, 2024, HTGC stock price climbed to $19.44 with 1,794,281 million shares trading.

HTGC has a beta of 0.64, meaning it tends to be less sensitive to market movements. HTGC has a correlation of 0.14 to the broad based SPY ETF.

HTGC has a market cap of $3.16 billion. This is considered a Mid Cap stock.

Last quarter Hercules Capital reported $125 million in Revenue and $.51 earnings per share. This beat revenue expectation by $1 million and met earnings estimates .

In the last 3 years, HTGC traded as high as $21.78 and as low as $10.94.

The top ETF exchange traded funds that HTGC belongs to (by Net Assets): BIZD, PBDC, VPC, ISMD, KRUZ.

HTGC has outperformed the market in the last year with a price return of +38.0% while the SPY ETF gained +32.3%. However, in the short term, HTGC had mixed performance relative to the market. It has underperformed in the last 3 months, returning +6.4% vs +9.3% return in SPY. But in the last 2 weeks, HTGC shares have fared better than the market returning +2.9% compared to SPY +0.9%.

HTGC support price is $19.15 and resistance is $19.66 (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 HTGC shares will trade within this expected range on the day.