Not All Is Lost : WD-40 Company (WDFC), WhiteHorse Finance, Inc. (WHF)

The stocks of WD-40 Company (NASDAQ:WDFC) has been Reiterated as a Neutral by B. Riley FBR, Inc. in its latest research note that was published on April 06. WDFC was given a price target of $135 by B. Riley FBR, Inc., with other Wall Street analysts also giving their reports regarding the stock. The stock also received a Neutral rating from FBR & Co. with the price target of $115 to $122. This was contained in a research note published by the firm on October 20. The stock received a Neutral rating and a price target of $106 to $120 in B. Riley & Co.’s research note that was published on October 24.

WD-40’s stock is covered by 2 analysts, with 1 of them rating the stock as Buy. It has been deemed to have strong buy by none of the analysts, 1 of them have rated it as a Hold while none of them rated it as sell. Meanwhile, none analyst(s) rated it as a sell. The above data shows that WDFC has an average analyst rating of Overweight.

WD-40 Company, which has current market capitalization of above $3 Billion, published its last quarter earnings on August 31, 2019. The company was able to amass $107 Million in revenue, which saw a quarterly growth rate of 4 percent. During that quarter of the year, WD-40 also recorded $0.63 earnings per share (EPS) which is $0.01 above the $0.62 estimated by the analysts, leading to a surprise factor of 1.61%.

WDFC surged by $3.30 during the normal trading session on Monday and reaching a high of $189.39 during the day while it closed the day at $188.04. The WD-40 stock had a low trading volume of 0.07 million shares on that day, which is low compared to the average daily volume of 94.78M shares. WDFC has also gained 2.52% of its value over the past 7 days. However, the stock has surged by 2.96% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.84% while it has added 2.61% year-on date.

Shares in WhiteHorse Finance, Inc. (NASDAQ:WHF) jumped over 0.07 percent on Monday. The company’s stock began trading at $14.34 above the previous closing price of $14.33, and finished the day at $14.33. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -0.83% from its 3 months high price. However, taking another look at WHF will indicate that it is trading +11.87% away from its 90-day low. Looking at the bigger picture, the WhiteHorse Finance, Inc. stock has dropped by -4.47% from its 52-week high while it has surged by +20.52% from its 52-week low price.

On June 27, 2019 MNAYMNEH SAMI, 10% Owner sold 229,328 shares of the company. The average price for that transaction was $14 per share, which meant that MNAYMNEH SAMI earned $3,210,592.00 selling the stocks. The sale was made public, with the document of the transaction filed with the SEC. Another insider trading occurred, with 10% Owner, TAMER ANTHONY selling 229,328 shares of this stock on June 27, 2019. The average selling price for the stock was $14.00 per share, with the sold stock accruing $3,210,592.00. Following this transaction, the insider now holds 7,530 shares of the company, which is worth around $1,401,258.00.

Let us now take a quick look at the stock’s short, medium and long-term indicators. Composite Indicator shows that WHF stock was rated as a Buy by TrendSpotter. Its short-term indicators reveal that WhiteHorse has a 20-day average volume of 72600 shares. This has led to the WHF price forecast being placed as a 100%Buy on an average basis. In the medium term, however, the WHF stock has its 50-Day average volume of 71816 shares, with the indicators also rating it as a Hold. Finally, in the long-term, the WHF stocks have a 100-Day average volume of 65996 shares, with the long-term indicators rating the stock as 50%Buy. Looking at the three indicators, the WHF stock has been set on a 0.56 Buy rating.

Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 89.66%. This figure is better than the company’s 20-day Raw Stochastic average which currently stands at 82.86%. Over the past 20 days, WhiteHorse’s Stochastic %K stood at 76.67% while its Stochastic %D was revealed to be 74.42%.