Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for WhiteHorse Finance Inc (NASDAQ: WHF) weakened of late. WHF’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
WhiteHorse Finance Inc (NASDAQ: WHF) stock closed at $11.91 on 10/18/24 after a slight decline of -0.08%. However, trading volume in this decline was unusually low at 56% of normal. The stock has risen 3.0% during the last week but has been weak relative to the market over the last nine months.
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 D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. WhiteHorse Finance has a slightly positive Appreciation Score of 65 but a poor Power Rating of 22, triggering the Negative Value Trend Rating.
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