The leading market experts have placed a mean price target of $12.25 on WhiteHorse Finance, Inc. (NASDAQ:WHF) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.35 a share for the upcoming quarter and $1.41 for the current fiscal.
The technical analysis of WhiteHorse Finance, Inc. plainly substantiates that the 50-day moving average of WhiteHorse Finance, Inc. is $11.55, and stock is trading $0.07 points away or +0.62% from its 50-day moving average of $11.55. Further it is trading $1.05 or +9.90% away its 200-day moving average of $10.57. WhiteHorse Finance, Inc. (NASDAQ:WHF) 52-week high is $13.75 and the 52-week low is $9.14.
This explains if the stock moves $-2.13, it will post a 52-week high. In event of +27.13% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of WhiteHorse Finance, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, WhiteHorse Finance, Inc. (NASDAQ:WHF) ratio came in at N/A.
The stock last ended the trading session at $11.62 and registered a market cap of $N/A. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. WhiteHorse Finance, Inc. (NASDAQ:WHF) PEG ratio is at 0.79.
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