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.
Health In Tech Inc (NASDAQ: HIT) closed the day trading at $5.12 down -4.12% from the previous closing price of $5.34. In other words, the price has decreased by -$4.12 from its previous closing price. On the day, 0.62 million shares were traded. HIT stock price reached its highest trading level at $5.65 during the session, while it also had its lowest trading level at $5.12.
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 158.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 203.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 276835328 and an Enterprise Value of 263534176. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 152.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.98 while its Price-to-Book (P/B) ratio in mrq is 40.08. Its current Enterprise Value per Revenue stands at 13.308.
Stock Price History:
Over the past 52 weeks, HIT has reached a high of $7.12, while it has fallen to a 52-week low of $4.82. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be -3.47%.
Shares Statistics:
Over the past 3-months, HIT traded about 372.56K shares per day on average, while over the past 10 days, HIT traded about 372212 shares per day. A total of 42.37M shares are outstanding, with a floating share count of 11.74M.