Stock Rating Upgrade
The Value Trend Rating for WhiteHorse Finance Inc (NASDAQ: WHF) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
WhiteHorse Finance Inc (NASDAQ: WHF) stock increased 1.6% on 6/14/24. The shares closed at $13.15. Moreover, trading volume in this advance was above average at 128% of normal. The stock has performed in line with the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, WHF is expected to continue to be an important Value Builder.
WhiteHorse Finance has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. WhiteHorse Finance has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 31, leading to the Low Neutral Value Trend Rating.
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