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Health In Tech Inc (NASDAQ: HIT) closed the day trading at $1.27 down -1.55% from the previous closing price of $1.29. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 1.14 million shares were traded. HIT stock price reached its highest trading level at $1.37 during the session, while it also had its lowest trading level at $1.17.
Ratios:
For a better understanding of HIT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.39. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 72274184 and an Enterprise Value of 64408172. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.60, and their Forward P/E ratio for the next fiscal year is 36.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 4.18. Its current Enterprise Value per Revenue stands at 2.096.
Stock Price History:
The Beta on a monthly basis for HIT is 8.83, which has changed by -0.7470588 over the last 52 weeks, in comparison to a change of 0.12469888 over the same period for the S&P500. 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 -50.69%, while the 200-Day Moving Average is calculated to be -39.42%.
Shares Statistics:
Over the past 3-months, HIT traded about 412.75K shares per day on average, while over the past 10 days, HIT traded about 398120 shares per day. A total of 44.79M shares are outstanding, with a floating share count of 9.41M. Insiders hold about 83.47% of the company’s shares, while institutions hold 2.05% stake in the company. Shares short for HIT as of 1763078400 were 427501 with a Short Ratio of 1.04, compared to 1760486400 on 133534. Therefore, it implies a Short% of Shares Outstanding of 427501 and a Short% of Float of 3.08.
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 $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.06 and $0.01 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.04, with 2.0 analysts recommending between $0.07 and $0.0.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $9.21M. There is a high estimate of $9.21M for the next quarter, whereas the lowest estimate is $9.21M. Based on 2 analysts’ estimates, the company’s revenue will be $42.03M in the next fiscal year. The high estimate is $43.11M and the low estimate is $40.94M.
