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 closed at $11.07 on 11/8/24 after a decline of -4.6%. Moreover, trading volume in this decline was exceptionally high at 269% of normal. Relative to the market the stock has been weak over the last nine months and has declined -5.8% 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. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. WhiteHorse Finance has a good Appreciation Score of 70 but a poor Power Rating of 22, resulting in the Low Neutral Value Trend Rating.
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