Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Healthcare Triangle Inc (NASDAQ: HCTI) closed the day trading at $3.31 down -17.04% from the previous closing price of $3.99. In other words, the price has decreased by -$17.04 from its previous closing price. On the day, 0.98 million shares were traded. HCTI stock price reached its highest trading level at $3.73 during the session, while it also had its lowest trading level at $3.31.
Ratios:
For a better understanding of HCTI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 2.81. In the meantime, Its Debt-to-Equity ratio is 0.04 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 19303324 and an Enterprise Value of 23925354. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 6.96. Its current Enterprise Value per Revenue stands at 2.016 whereas that against EBITDA is -5.441.
Stock Price History:
The Beta on a monthly basis for HCTI is 0.84, which has changed by -0.9751993 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, HCTI has reached a high of $473.10, while it has fallen to a 52-week low of $1.37. The 50-Day Moving Average of the stock is -43.70%, while the 200-Day Moving Average is calculated to be -97.01%.
Shares Statistics:
Over the past 3-months, HCTI traded about 2.50M shares per day on average, while over the past 10 days, HCTI traded about 1280720 shares per day. A total of 5.83M shares are outstanding, with a floating share count of 4.64M. Insiders hold about 20.37% of the company’s shares, while institutions hold 1.09% stake in the company. Shares short for HCTI as of 1753920000 were 100266 with a Short Ratio of 0.04, compared to 1751241600 on 13646. Therefore, it implies a Short% of Shares Outstanding of 100266 and a Short% of Float of 1.72.
