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The price of Health In Tech Inc (NASDAQ: HIT) closed at $2.07 in the last session, up 24.70% from day before closing price of $1.66. In other words, the price has increased by $24.70 from its previous closing price. On the day, 2.5 million shares were traded. HIT stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $1.79.
Ratios:
We take a closer look at HIT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 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 116705976 and an Enterprise Value of 108742096. As of this moment, Health’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.61, and their Forward P/E ratio for the next fiscal year is 12.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 7.11. Its current Enterprise Value per Revenue stands at 4.074.
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 118.96%, while the 200-Day Moving Average is calculated to be -20.57%.
Shares Statistics:
According to the various share statistics, HIT traded on average about 843.95K shares per day over the past 3-months and 3030850 shares per day over the past 10 days. A total of 44.68M shares are outstanding, with a floating share count of 7.88M. Insiders hold about 85.59% of the company’s shares, while institutions hold 1.56% stake in the company. Shares short for HIT as of 1752537600 were 43052 with a Short Ratio of 0.05, compared to 1749772800 on 180343. Therefore, it implies a Short% of Shares Outstanding of 43052 and a Short% of Float of 0.34999999.
