Ratios Revealed: Decoding Health In Tech Inc (HIT)’s Financial Health

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The closing price of Health In Tech Inc (NASDAQ: HIT) was $6.87 for the day, up 2.69% from the previous closing price of $6.69. In other words, the price has increased by $2.69 from its previous closing price. On the day, 1.96 million shares were traded.

Ratios:

Our analysis of HIT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 212.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 273.13. 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:

As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 204.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.76 while its Price-to-Book (P/B) ratio in mrq is 53.77.

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 20.96%, while the 200-Day Moving Average is calculated to be 20.96%.

Shares Statistics:

A total of 42.37M shares are outstanding, with a floating share count of 7.80M. Insiders hold about 85.58% of the company’s shares, while institutions hold 0.01% stake in the company.

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