Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Heart Test Laboratories Inc. (NASDAQ: HSCS) was $0.10 for the day, down -7.74% from the previous closing price of $0.11. In other words, the price has decreased by -$7.74 from its previous closing price. On the day, 1.21 million shares were traded. HSCS stock price reached its highest trading level at $0.1081 during the session, while it also had its lowest trading level at $0.099.
Ratios:
Our analysis of HSCS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.32 and its Current Ratio is at 4.71. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.05.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSCS now has a Market Capitalization of 6562716 and an Enterprise Value of 545780. For the stock, the TTM Price-to-Sale (P/S) ratio is 328.13 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 29.343 whereas that against EBITDA is -0.091.
Stock Price History:
The Beta on a monthly basis for HSCS is 3.28, which has changed by -0.8876405 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, HSCS has reached a high of $1.32, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -16.01%, while the 200-Day Moving Average is calculated to be -72.56%.
Shares Statistics:
HSCS traded an average of 1.56M shares per day over the past three months and 941110 shares per day over the past ten days. A total of 65.56M shares are outstanding, with a floating share count of 54.96M. Insiders hold about 16.16% of the company’s shares, while institutions hold 1.84% stake in the company. Shares short for HSCS as of 1711584000 were 135261 with a Short Ratio of 0.09, compared to 1709164800 on 196160. Therefore, it implies a Short% of Shares Outstanding of 135261 and a Short% of Float of 0.21.
