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The closing price of Health In Tech Inc (NASDAQ: HIT) was $1.06 for the day, down -7.02% from the previous closing price of $1.14. In other words, the price has decreased by -$7.02 from its previous closing price. On the day, 0.56 million shares were traded. HIT stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.05.
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 7.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.52. 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 60323332 and an Enterprise Value of 57010028. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.23, and their Forward P/E ratio for the next fiscal year is 30.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 1.856.
Stock Price History:
The Beta on a monthly basis for HIT is 8.91, which has changed by -0.7764706 over the last 52 weeks, in comparison to a change of 0.13844287 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 -57.38%, while the 200-Day Moving Average is calculated to be -48.05%.
Shares Statistics:
HIT traded an average of 444.13K shares per day over the past three months and 574880 shares per day over the past ten days. 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 0.96, 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
Health In Tech Inc (HIT) is currently under the scrutiny of 2 analysts, each contributing to the ongoing evaluation of its stock.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.
