Hercules Capital Inc. (NYSE:HTGC) traded at a new 52-week high today of $17.75. This new high was reached on approximately average trading volume as 464,000 shares traded hands, while the average 30-day volume is approximately 564,000 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 $17.23, Hercules Capital Inc. is currently 28.0% above its average consensus analyst price target of $12.40.
In the past 52 weeks, Hercules Capital Inc. share prices are bracketed by a low of $10.62 and a high of $17.75 and is now at $17.23, 62% above that low price.
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