Healthcare Triangle Inc. (NASDAQ:HCTI) went down by -15.06% from its latest closing price compared to the recent 1-year high of $2.78. The company’s stock price has collected -23.95% 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 $1.50, which is $1.36 above the current price. HCTI currently public float of 15.08M and currently shorts hold a 0.34% ratio of that float. Today, the average trading volume of HCTI was 338.36K shares.
HCTI’s Market Performance
HCTI stocks went down by -23.95% for the week, with a monthly drop of -67.64% and a quarterly performance of -73.78%, while its annual performance rate touched -93.79%. The volatility ratio for the week stands at 29.98% while the volatility levels for the past 30 days are set at 24.11% for Healthcare Triangle Inc. The simple moving average for the period of the last 20 days is -35.69% for HCTI stocks with a simple moving average of -81.80% for the last 200 days.
HCTI Trading at -56.86% 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 -95.11% of loss for the given period.
Volatility was left at 24.11%, however, over the last 30 days, the volatility rate increased by 29.98%, as shares sank -58.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -74.79% lower at present.
During the last 5 trading sessions, HCTI fell by -23.95%, which changed the moving average for the period of 200-days by -90.56% in comparison to the 20-day moving average, which settled at $0.2016. In addition, Healthcare Triangle Inc. saw -92.49% 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 -43.40, with -28.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.