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The closing price of Health In Tech Inc (NASDAQ: HIT) was $3.02 for the day, down -11.95% from the previous closing price of $3.43. In other words, the price has decreased by -$11.95 from its previous closing price. On the day, 0.57 million shares were traded. HIT stock price reached its highest trading level at $3.35 during the session, while it also had its lowest trading level at $2.89.
Ratios:
Our analysis of HIT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 2.74. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIT now has a Market Capitalization of 170503520 and an Enterprise Value of 162331856. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 123.77, and their Forward P/E ratio for the next fiscal year is 17.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.38 while its Price-to-Book (P/B) ratio in mrq is 10.37. Its current Enterprise Value per Revenue stands at 6.082.
Stock Price History:
Over the past 52 weeks, HIT has reached a high of $7.59, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -4.32%, while the 200-Day Moving Average is calculated to be 13.28%.
Shares Statistics:
HIT traded an average of 982.37K shares per day over the past three months and 461830 shares per day over the past ten days. A total of 44.68M shares are outstanding, with a floating share count of 7.37M. Insiders hold about 87.13% of the company’s shares, while institutions hold 0.65% stake in the company. Shares short for HIT as of 1759190400 were 153962 with a Short Ratio of 0.16, compared to 1756425600 on 206413. Therefore, it implies a Short% of Shares Outstanding of 153962 and a Short% of Float of 1.15.
Earnings Estimates
A detailed examination of Health In Tech Inc (HIT) is currently in progress, with 2 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.07 and $0.02 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.17, with 1.0 analysts recommending between $0.17 and $0.17.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $8.21M. There is a high estimate of $9.19M for the next quarter, whereas the lowest estimate is $7.23M.
Based on 1 analysts’ estimates, the company’s revenue will be $53.61M in the next fiscal year. The high estimate is $53.61M and the low estimate is $53.61M.
