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Hercules Technology Growth Capital (NYSE:HTGC) will be posting its Q214 quarterly earnings results on Thursday, August 7th. Analysts expect Hercules Technology Growth Capital to post earnings of $0.30 per share and revenue of $34.92 million for the quarter.

Shares of Hercules Technology Growth Capital (NYSE:HTGC) traded up 0.91% on Wednesday, hitting $16.68. The stock had a trading volume of 286,953 shares. Hercules Technology Growth Capital has a 1-year low of $12.95 and a 1-year high of $17.25. The stock’s 50-day moving average is $16.3 and its 200-day moving average is $15.32. The company has a market cap of $1.045 billion and a price-to-earnings ratio of 9.93. Hercules Technology Growth Capital also was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 3,718,382 shares, a decline of 50.6% from the June 30th total of 7,521,168 shares. Based on an average daily volume of 474,742 shares, the days-to-cover ratio is currently 7.8 days. Approximately 6.3% of the shares of the stock are sold short.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Hercules Technology Growth Capital in a research note on Thursday, July 10th. They now have a $16.50 price target on the stock. On a related note, analysts at Wells Fargo & Co. upgraded shares of Hercules Technology Growth Capital from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 24th. Finally, analysts at MLV & Co
initiated coverage on shares of Hercules Technology Growth Capital in a research note on Thursday, May 22nd. They set a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $16.71.

In other Hercules Technology Growth Capital news, CIO Scott Bluestein sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $16.55, for a total value of $99,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hercules Technology Growth Capital, Inc (NYSE:HTGC) is an internally managed, non-diversified closed-end investment company.

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