Healthcare Triangle Inc (NASDAQ:HCTI) shares, rose in value on Thursday, July 10, with the stock price up by 19.50% to the previous day’s close as strong demand from buyers drove the stock to $0.02.
Actively observing the price movement in the last trading, the stock closed the session at $0.02, falling within a range of $0.0211 and $0.0265. The value of beta (5-year monthly) was -0.18. Referring to stock’s 52-week performance, its high was $1.90, and the low was -$. On the whole, HCTI has fluctuated by 227.40% over the past month.
With the market capitalization of Healthcare Triangle Inc currently standing at about $9.76 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2022-Nov-10.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HCTI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HCTI currently trading nearly -5.03% and -61.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.07, while the 7-day volatility ratio is showing 16.59% which for the 30-day chart, stands at 21.24%. Furthermore, Healthcare Triangle Inc (HCTI)’s beta value is 0.87.
A comparison of Healthcare Triangle Inc (HCTI) with its peers suggests the former has fared considerably weaker in the market. HCTI showed an intraday change of 19.50% in last session, and over the past year, it shrunk by -97.58%%.
Data on historical trading for Healthcare Triangle Inc (NASDAQ:HCTI) indicates that the trading volumes over the past 10 days have averaged 235.85 and over the past 3 months, they’ve averaged 391.31 million. According to company’s latest data on outstanding shares, there are 408.45 million shares outstanding.
Nearly 0.32% of Healthcare Triangle Inc’s shares belong to company insiders and institutional investors own 0.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 44.51 million shares as on 2025-06-13, resulting in a short ratio of 0.12. According to the data, the short interest in Healthcare Triangle Inc (HCTI) stood at 1097.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 10.87 million. The stock has fallen by -94.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HCTI stock heading into the next quarter.
