Healthcare Triangle Inc. (NASDAQ:HCTI) went up by 42.22% from its latest closing price compared to the recent 1-year high of $4.35. The company’s stock price has collected -1.63% of loss in the last five trading sessions.
Is It Worth Investing in Healthcare Triangle Inc. (NASDAQ :HCTI) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Healthcare Triangle Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.00, which is $2.72 above the current price. HCTI currently public float of 8.45M and currently shorts hold a 1.78% ratio of that float. Today, the average trading volume of HCTI was 99.12K shares.
HCTI’s Market Performance
HCTI stocks went down by -1.63% for the week, with a monthly jump of 20.00% and a quarterly performance of -28.57%. The volatility ratio for the week stands at 20.48% while the volatility levels for the past 30 days are set at 13.77% for Healthcare Triangle Inc. The simple moving average for the period of the last 20 days is 61.08% for HCTI stocks with a simple moving average of -18.16% for the last 200 days.
HCTI Trading at 52.79% from the 50-Day Moving Average
After a stumble in the market that brought HCTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.57% of loss for the given period.
Volatility was left at 13.77%, however, over the last 30 days, the volatility rate increased by 20.48%, as shares surge +75.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.47% upper at present.
During the last 5 trading sessions, HCTI rose by +45.03%, in comparison to the 20-day moving average, which settled at $0.8224. In addition, Healthcare Triangle Inc. saw -50.28% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HCTI
Current profitability levels for the company are sitting at:
- -15.19 for the present operating margin
- +25.80 for the gross margin
The net margin for Healthcare Triangle Inc. stands at -16.87. Equity return is now at value -75.70, with -39.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.