Healthcare Triangle Inc (NASDAQ:HCTI) traded at $1.26 at last check on current trade day and made a downward move of -1.94% on its previous day’s price.
Looking at the stock we see that its previous close was $1.29 and the beta (5Y monthly) reads 0.861 with the day’s price range being $1.22 – $1.31. In terms of its 52-week price range, HCTI has a high of $4.87 and a low of $0.29. The company’s stock has gained about 145.87% over that past 30 days.
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Healthcare Triangle Inc has a market cap of $6.80 million and is expected to release its quarterly earnings report on 2022-Nov-10.
On the other hand, looking at the outlook for the HCTI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Healthcare Triangle Inc (HCTI) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 76.82% off its SMA20 and 109.49% from its 50-day simple moving average. The RSI (14) is pointing at 75.84 while the volatility over the past week is 37.48% and jumps to 19.85% over the past one month. The beta value is 0.49, while the average true range (ATR) is currently pointing at 0.18.
Coming back to Healthcare Triangle Inc (NASDAQ:HCTI), we note that the average 3-month trading volume was 3.04 million, while that of the preceding 10-day period stands at 16.25 million. Current shares outstanding are 4.31 million.
The insiders hold 46.74% of the company’s shares while institutions hold 1.86%. The data shows that short shares as of 2024-10-15, stood at 25858.0 at a short ratio of 0.02. This represents a 86.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 25949.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -53.92% down in year-to-date price movement.
