Market Resilience: Health In Tech Inc (HIT) Finishes Strong at 5.16, Up 0.19

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Health In Tech Inc (NASDAQ: HIT) closed the day trading at $5.16 up 0.19% from the previous closing price of $5.15. In other words, the price has increased by $0.19 from its previous closing price. On the day, 1.16 million shares were traded. HIT stock price reached its highest trading level at $5.705 during the session, while it also had its lowest trading level at $4.915.

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 159.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 205.15. 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 278998080 and an Enterprise Value of 265604944. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 153.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.09 while its Price-to-Book (P/B) ratio in mrq is 40.39. Its current Enterprise Value per Revenue stands at 13.413.

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 -4.84%, while the 200-Day Moving Average is calculated to be -4.84%.

Shares Statistics:

Over the past 3-months, HIT traded about 694.41K shares per day on average, while over the past 10 days, HIT traded about 990280 shares per day. A total of 42.37M shares are outstanding, with a floating share count of 11.74M. Therefore, it implies a Short% of Shares Outstanding of 37859 and a Short% of Float of 0.31.

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