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In the latest session, Health In Tech Inc (NASDAQ: HIT) closed at $2.77 down -9.18% from its previous closing price of $3.05. In other words, the price has decreased by -$9.18 from its previous closing price. On the day, 0.58 million shares were traded. HIT stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.74.
Ratios:
For a deeper understanding of Health In Tech Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.39. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 2.74. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 156198352 and an Enterprise Value of 148234528. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 113.52, and their Forward P/E ratio for the next fiscal year is 16.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.85 while its Price-to-Book (P/B) ratio in mrq is 9.51. Its current Enterprise Value per Revenue stands at 5.553.
Stock Price History:
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 53.44%, while the 200-Day Moving Average is calculated to be 4.99%.
Shares Statistics:
For the past three months, HIT has traded an average of 936.96K shares per day and 766530 over the past ten days. A total of 44.68M shares are outstanding, with a floating share count of 8.08M. Insiders hold about 85.68% of the company’s shares, while institutions hold 0.65% stake in the company. Shares short for HIT as of 1755216000 were 367142 with a Short Ratio of 0.39, compared to 1752537600 on 43052. Therefore, it implies a Short% of Shares Outstanding of 367142 and a Short% of Float of 2.6300002.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 2 analysts currently analyzing and rating the stock of Health In Tech Inc (HIT).The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.07 and $0.02 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.17, with 1.0 analysts recommending between $0.17 and $0.17.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $8.21M. There is a high estimate of $9.19M for the next quarter, whereas the lowest estimate is $7.23M.
Based on 1 analysts’ estimates, the company’s revenue will be $53.61M in the next fiscal year. The high estimate is $53.61M and the low estimate is $53.61M.
