Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Healthcare Triangle Inc (NASDAQ: HCTI) was $0.51 for the day, down -2.24% from the previous closing price of $0.52. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.99 million shares were traded. HCTI stock price reached its highest trading level at $0.52 during the session, while it also had its lowest trading level at $0.4871.
Ratios:
Our analysis of HCTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.18 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, HCTI now has a Market Capitalization of 3672788 and an Enterprise Value of 10990788. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 0.849 whereas that against EBITDA is -1.858.
Stock Price History:
The Beta on a monthly basis for HCTI is 0.93, which has changed by -0.99778646 over the last 52 weeks, in comparison to a change of 0.19226205 over the same period for the S&P500. Over the past 52 weeks, HCTI has reached a high of $285.83, while it has fallen to a 52-week low of $0.49. The 50-Day Moving Average of the stock is -73.03%, while the 200-Day Moving Average is calculated to be -95.84%.
Shares Statistics:
HCTI traded an average of 573.21K shares per day over the past three months and 1191660 shares per day over the past ten days. A total of 5.87M shares are outstanding, with a floating share count of 5.86M. Insiders hold about 0.15% of the company’s shares, while institutions hold 2.96% stake in the company. Shares short for HCTI as of 1767139200 were 536611 with a Short Ratio of 0.94, compared to 1764288000 on 521474. Therefore, it implies a Short% of Shares Outstanding of 536611 and a Short% of Float of 7.3999999999999995.
