Harvest Capital Credit Corp (HCAP) Posts Quarterly Results
Harvest Capital Credit Corp (NASDAQ:HCAP) posted its quarterly earnings results on Wednesday. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.03, AR Network reports.
Shares of Harvest Capital Credit Corp (NASDAQ:HCAP) traded up 1.00% during mid-day trading on Wednesday, hitting $14.17. 1,520 shares of the company’s stock traded hands. Harvest Capital Credit Corp has a 52 week low of $13.55 and a 52 week high of $15.66. The stock’s 50-day moving average is $14.60 and its 200-day moving average is $14.73. The company has a market cap of $87.5 million and a P/E ratio of 15.66.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Harvest Capital Credit Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $15.10 price target on the stock. Analysts at Keefe, Bruyette & Woods cut their price target on shares of Harvest Capital Credit Corp from $16.50 to $16.00 in a research note on Friday, May 16th.
Harvest Capital Credit Corporation is an externally managed, non-diversified, closed-end management investment company.
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