Independence Contract Drilling, Inc. (ICD) Forms $3.89 Double Top; Whitehorse Finance (WHF) SI Decreased By 2.19%

June 12, 2018 - By Danny Collins

Independence Contract Drilling, Inc. (NYSE:ICD) Logo

Independence Contract Drilling, Inc. (ICD) formed double top with $4.01 target or 3.00% above today’s $3.89 share price. Independence Contract Drilling, Inc. (ICD) has $148.80M valuation. The stock increased 1.57% or $0.06 during the last trading session, reaching $3.89. About 78,012 shares traded. Independence Contract Drilling, Inc. (NYSE:ICD) has risen 12.50% since June 12, 2017 and is uptrending. It has underperformed by 0.07% the S&P500. Some Historical ICD News: ; 26/04/2018 – INDEPENDENCE CONTRACT DRILLING INC – COMPANY’S AGGREGATE CAPITAL EXPENDITURE BUDGET FOR 2018 IS $22 MLN; 26/04/2018 – Independence Contract Drilling 1Q Loss/Shr 11c; 26/04/2018 – Independence Contract Drilling 1Q Rev $25.6M; 20/04/2018 – DJ Independence Contract Drilling Inc, Inst Holders, 1Q 2018 (ICD); 03/04/2018 Investor Expectations to Drive Momentum within Atrion, Curis, Independence Contract Drilling, Utah Medical Products, FutureFuel; 26/04/2018 – Independence Contract Drilling 1Q Adj Loss/Shr 11c

Whitehorse Finance Inc (NASDAQ:WHF) had a decrease of 2.19% in short interest. WHF’s SI was 22,300 shares in June as released by FINRA. Its down 2.19% from 22,800 shares previously. With 51,900 avg volume, 0 days are for Whitehorse Finance Inc (NASDAQ:WHF)’s short sellers to cover WHF’s short positions. The stock increased 0.33% or $0.05 during the last trading session, reaching $15.09. About 97,394 shares traded or 80.61% up from the average. WhiteHorse Finance, Inc. (NASDAQ:WHF) has declined 0.07% since June 12, 2017 and is downtrending. It has underperformed by 12.64% the S&P500. Some Historical WHF News: ; 12/03/2018 WhiteHorse Finance, Inc. Announces Quarterly Distribution; 29/03/2018 – WHITEHORSE FINANCE INC WHF.O : DEUTSCHE BANK STARTS WITH BUY; TARGET PRICE $14.50; 09/05/2018 – WHITEHORSE FINANCE INC WHF.O : DEUTSCHE BANK RAISES TARGET PRICE TO $15 FROM $14.50; 08/05/2018 – WhiteHorse Finance 1Q EPS 68c; 08/05/2018 – WHITEHORSE FINANCE INC – QTRLY SHR $0.68; 16/04/2018 – S&PGR Raises Four, Affirms Two WhiteHorse VI Ltd. Rtgs; 23/05/2018 – WHITE HORSE BHD WHSE.KL – YEAR-AGO QTRLY NET PROFIT 4.2 MLN RGT; YEAR-AGO QTRLY REV 142.6 MLN RGT

WhiteHorse Finance, LLC is a busine

Since March 7, 2018, it had 3 insider purchases, and 1 insider sale for $127,688 activity. SMITH G STACY had sold 18,000 shares worth $268,561. Aronson Stuart D also bought $25,160 worth of WhiteHorse Finance, Inc. (NASDAQ:WHF) shares. 7,201 WhiteHorse Finance, Inc. (NASDAQ:WHF) shares with value of $90,013 were bought by BOLDUC JOHN.

Another recent and important WhiteHorse Finance, Inc. (NASDAQ:WHF) news was published by Prnewswire.com which published an article titled: “WhiteHorse Finance, Inc. Announces Quarterly Distribution” on April 03, 2018.

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.76, from 1.86 in 2017Q4. It is negative, as 6 investors sold WhiteHorse Finance, Inc. shares while 4 reduced holdings. 4 funds opened positions while 7 raised stakes. 1.07 million shares or 21.88% less from 1.37 million shares in 2017Q4 were reported. Morgan Stanley has 120,420 shares for 0% of their portfolio. 2,050 are held by Royal Bancorporation Of Canada. Citigroup accumulated 1,800 shares. Blackrock, a New York-based fund reported 56,463 shares. Buckhead Capital Management Limited Liability Corporation owns 56,500 shares or 0.16% of their US portfolio. Great West Life Assurance Com Can has 0% invested in WhiteHorse Finance, Inc. (NASDAQ:WHF) for 2,490 shares. Moreover, Raymond James And Assocs has 0% invested in WhiteHorse Finance, Inc. (NASDAQ:WHF). Bb&T Secs Ltd Liability Corporation invested in 0% or 12,970 shares. Us National Bank De invested 0% in WhiteHorse Finance, Inc. (NASDAQ:WHF). Wells Fargo Mn owns 5,250 shares. Winslow Evans & Crocker stated it has 0% of its portfolio in WhiteHorse Finance, Inc. (NASDAQ:WHF). Axa reported 33,217 shares or 0% of all its holdings. Natl Bank Of America Corporation De reported 2,000 shares. Manufacturers Life Com The holds 0% or 1,194 shares in its portfolio. Nuveen Asset Llc stated it has 34,351 shares or 0% of all its holdings.

Among 8 analysts covering Whitehorse Finance Inc (NASDAQ:WHF), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Whitehorse Finance Inc had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of WhiteHorse Finance, Inc. (NASDAQ:WHF) has “Buy” rating given on Thursday, August 11 by Deutsche Bank. J.P. Morgan downgraded the shares of WHF in report on Tuesday, February 6 to “Sell” rating. The firm has “Outperform” rating by Robert W. Baird given on Thursday, August 6. Citigroup maintained WhiteHorse Finance, Inc. (NASDAQ:WHF) rating on Wednesday, September 14. Citigroup has “Buy” rating and $12 target. The company was downgraded on Monday, October 23 by Robert W. Baird. Robert W. Baird downgraded WhiteHorse Finance, Inc. (NASDAQ:WHF) on Tuesday, August 9 to “Neutral” rating. The rating was upgraded by J.P. Morgan to “Hold” on Wednesday, April 11. The rating was maintained by JP Morgan with “Underweight” on Monday, March 5. As per Monday, March 5, the company rating was upgraded by Ladenburg Thalmann. The rating was upgraded by Robert W. Baird on Thursday, June 29 to “Outperform”.

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling had 28 analyst reports since August 10, 2015 according to SRatingsIntel. FBR Capital maintained the shares of ICD in report on Monday, March 26 with “Buy” rating. Cowen & Co maintained it with “Buy” rating and $500 target in Friday, July 7 report. RBC Capital Markets maintained Independence Contract Drilling, Inc. (NYSE:ICD) on Thursday, July 20 with “Buy” rating. The rating was downgraded by Zacks on Monday, August 10 to “Buy”. The rating was maintained by RBC Capital Markets on Thursday, December 21 with “Buy”. Cowen & Co maintained the stock with “Buy” rating in Thursday, January 11 report. On Friday, February 19 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) has “Outperform” rating given on Friday, September 29 by RBC Capital Markets. The rating was maintained by FBR Capital with “Outperform” on Wednesday, December 28. On Monday, May 29 the stock rating was downgraded by ValuEngine to “Sell”.

Analysts await Independence Contract Drilling, Inc. (NYSE:ICD) to report earnings on July, 26. They expect $-0.09 EPS, up 30.77% or $0.04 from last year’s $-0.13 per share. After $-0.11 actual EPS reported by Independence Contract Drilling, Inc. for the previous quarter, Wall Street now forecasts -18.18% EPS growth.

Independence Contract Drilling, Inc. (NYSE:ICD) Institutional Positions Chart