Health In Tech Inc (NASDAQ:HIT) shares, rose in value on Thursday, April 16, with the stock price up by 2.82% to the previous day’s close as strong demand from buyers drove the stock to $0.69.
Actively observing the price movement in the last trading, the stock closed the session at $0.67, falling within a range of $0.6593 and $0.709. The PE ratio was 35.49 over 12-month period. Referring to stock’s 52-week performance, its high was $7.59, and the low was $0.51. On the whole, HIT has fluctuated by -5.24% over the past month.
With the market capitalization of Health In Tech Inc currently standing at about $37.41 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 24.12M, with a low estimate of 6M and a high estimate of 6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6M.
The stock’s technical analysis shows that the price of HIT currently trading nearly 2.76% and -79.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.26, while the 7-day volatility ratio is showing 13.01% which for the 30-day chart, stands at 14.83%. Furthermore, Health In Tech Inc (HIT)’s average true range (ATR) is 0.22.
Data on historical trading for Health In Tech Inc (NASDAQ:HIT) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 2.03 million. According to company’s latest data on outstanding shares, there are 42.97 million shares outstanding.
Nearly 85.60% of Health In Tech Inc’s shares belong to company insiders and institutional investors own 0.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.43 million shares as on 2025-03-31, resulting in a short ratio of 0.13. According to the data, the short interest in Health In Tech Inc (HIT) stood at 352.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.12 million. The stock has fallen by -87.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HIT stock heading into the next quarter.
