Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.02 in the prior trading day, Healthcare Triangle Inc (NASDAQ: HCTI) closed at $0.02, down -5.86%. In other words, the price has decreased by -$5.86 from its previous closing price. On the day, 117.52 million shares were traded. HCTI stock price reached its highest trading level at $0.024 during the session, while it also had its lowest trading level at $0.0208.
Ratios:
Our goal is to gain a better understanding of HCTI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.09 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 9190036 and an Enterprise Value of 12738788. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 1.128 whereas that against EBITDA is -3.129.
Stock Price History:
The Beta on a monthly basis for HCTI is 0.87, which has changed by -0.9534413 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, HCTI has reached a high of $1.90, while it has fallen to a 52-week low of -$. The 50-Day Moving Average of the stock is -62.46%, while the 200-Day Moving Average is calculated to be -95.55%.
Shares Statistics:
The stock has traded on average 399.26M shares per day over the past 3-months and 215705290 shares per day over the last 10 days, according to various share statistics. A total of 408.45M shares are outstanding, with a floating share count of 407.14M. Insiders hold about 0.32% of the company’s shares, while institutions hold 0.24% stake in the company. Shares short for HCTI as of 1749772800 were 44513900 with a Short Ratio of 0.01, compared to 1747267200 on 10872319. Therefore, it implies a Short% of Shares Outstanding of 44513900 and a Short% of Float of 10.97.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
