Health In Tech Inc (NASDAQ:HIT) price closed lower on Friday, February 21, and dropping -1.63% below its previous close.
A look at the daily price movement shows that the last close reads $6.73. The company’s P/E ratio in the trailing 12-month period read 197.02. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.12 and 52-week low of $4.82. The stock added 15.33% on its value in the past month.
Health In Tech Inc, which has a market valuation of $357.94 million, is expected to release its quarterly earnings report in March.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that HIT’s price is at present 13.88% off the SMA20 and 17.70% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.22, with weekly volatility standing at 5.85%. The indicator jumps to 8.76% when calculated based on the past 30 days. Health In Tech Inc (NASDAQ:HIT)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.47.
An analysis of the Health In Tech Inc (NASDAQ:HIT) stock in terms of its daily trading volume indicates that the 3-month average is 944.78K.
Current records show that the company has 42.37M in outstanding shares. The insiders’ percentage holdings are 85.58% of outstanding shares while the percentage share held by institutions stands at 0.01%. But the 23.62% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
