Shares of Hercules Capital Inc. (NYSE:HTGC) traded today at $17.79, eclipsing its 52-week high. This new high was reached on below average trading volume as 133,000 shares traded hands, while the average 30-day volume is approximately 577,000 shares.
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 primarily 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 Inc. (NYSE:HTGC) is currently priced 31.0% above its average consensus analyst price target of $12.20.
Hercules Capital Inc. share prices have moved between a 52-week high of $17.79 and a 52-week low of $10.83 and are now trading 63% above that low price at $17.68 per share.
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