HGBL · Heritage Global Inc.
$1.36
+0.06 (+4.62%)
At close · Sep 4
View the 10-Q filed May 7, 2026
Customer concentration
— top customer 78% of receivables
One customer — 78% of receivables (March 31, 2026)
“As of March 31, 2026, we held a gross balance of investments in notes receivable of $27.3 million, recorded in both notes receivable and equity method investments, and consisting of one borrower’s note balance of approximately $21.4 million, representing 78% of our total gross notes receivable balance as of March 31, 2026, as compared to 76% as of December 31, 2025.”
One customer — 76% of receivables (December 31, 2025)
“As of March 31, 2026, we held a gross balance of investments in notes receivable of $27.3 million, recorded in both notes receivable and equity method investments, and consisting of one borrower’s note balance of approximately $21.4 million, representing 78% of our total gross notes receivable balance as of March 31, 2026, as compared to 76% as of December 31, 2025.”
Market Cap
$47.11M
Shares
34.64M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$1.36
Open$1.30
Day$1.30–1.36
52W close$1.02–1.92
Avg vol 30d318K
Short int62K · 0.2% float · 1.0d
Short vol24%
Last earningsAug 13, 2026
DataJan 2020–Sep 2026
Filing10-Q · Aug 13
Up next
Next earnings call
Nov 16, 2026
Est · unconfirmed
· in 10 wks
filed Aug 13, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$48.20M
Trailing 12 months
Net income (TTM)
−$14.29M
Trailing 12 months
Revenue growth YoY
-14.3%
Year over year
Operating margin
-37.0%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-2.3%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-2.5%
Year over year · fewer shares
Price change (1Y)
-28.8%
Trailing year
Short interest
0.2%
Latest settlement · 1.0 days to cover
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 14.5 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+6%
above
Price vs 50-day avg
+15%
above
RSI (14)
64
neutral
MACD trend
Positive
52-week position
38%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+28%
trailing
6-month return
+13%
trailing
YTD return
+10%
this year
Relative strength
−2%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-5% holders QoQ · +3 funds added
Insider flow
Accumulating
Net +$99.3K over 90 days · 0% sells
Short interest
Rising
0.18% of float · ▲ +159.9% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
36 holders — near 3-yr low, contrarian setup
Squeeze score
42
elevated · 0–100
Fundamentals
Revenue growth
−16%
Y/Y
EPS growth
−29%
Y/Y
Free cash flow
$-2.3M
Balance sheet
$5.1M
net cash
Quant / Vol
risk profile
Volatility
44%
annualized · 1-yr
Max drawdown
−47%
past year
ATR
4.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+6%
Bullish
Price vs 50-day avg
+15%
Bullish
RSI (14)
64
Neutral
MACD trend
Positive
Bullish
52-week position
38%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-5% holders QoQ · +3 funds added
Insider flow
Accumulating
Net +$99.3K over 90 days · 0% sells
Short interest
Rising
0.18% of float · ▲ +159.9% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
36 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $1
Now $1 · 38%
Range high $2
vs 200-day avg +6%
vs 50-day avg +15%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HGBL
this stock
Heritage Global Inc.
|
$47.11M | +9.7% | -15.5% | — | 0.2% |
|
MS
Morgan Stanley
|
$341.94B | +22.6% | +5.5% | 17.6 | 0.9% |
|
GS
Goldman Sachs Group Inc
|
$302.41B | +18.2% | +8.9% | 16.0 | 2.1% |
|
SCHW
Schwab Charles Corp
|
$190.88B | +9.4% | +22.0% | 20.1 | 1.0% |
|
HOOD
Robinhood Markets, Inc.
|
$109.79B | +8.0% | +51.6% | 54.0 | 3.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HGBL | +9.7% | +28.3% | +13.3% | +5.4% | +9.7% |
| SPY | +0.1% | -0.4% | +15.1% | +0.4% | +12.9% |
| vs SPY | +9.6% | +28.7% | -1.8% | +5.0% | -3.3% |