Hercules Capital Inc. (NYSE:HTGC) traded today at a new 52-week high of $18.08. So far today approximately 293,000 shares have been exchanged, as compared to an average 30-day volume of 567,000 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.
Based on a current price of $18.05, Hercules Capital Inc. is currently 32.4% above its average consensus analyst price target of $12.20.
Over the past year, Hercules Capital Inc. has traded in a range of $10.83 to $18.08 and is now at $18.05, 67% above that low.
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