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Riding the Trend or Protecting Profits | Healthcare Triangle Inc. (HCTI)

Healthcare Triangle Inc. (NASDAQ:HCTI) went up by 8.72% from its latest closing price compared to the recent 1-year high of $1.68. The company’s stock price has collected 28.38% of gains 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.”

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The average price from analysts is $1.50. HCTI currently public float of 15.08M and currently shorts hold a 1.06% ratio of that float. Today, the average trading volume of HCTI was 2.46M shares.

HCTI’s Market Performance

HCTI stocks went up by 28.38% for the week, with a monthly drop of -5.54% and a quarterly performance of -18.65%, while its annual performance rate touched -84.50%. The volatility ratio for the week stands at 16.82% while the volatility levels for the past 30 days are set at 18.18% for Healthcare Triangle Inc. The simple moving average for the period of the last 20 days is 21.02% for HCTI stocks with a simple moving average of -56.66% for the last 200 days.

HCTI Trading at 21.15% 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 -85.38% of loss for the given period.

Volatility was left at 18.18%, however, over the last 30 days, the volatility rate increased by 16.82%, as shares surge +14.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.64% upper at present.

During the last 5 trading sessions, HCTI rose by +28.38%, which changed the moving average for the period of 200-days by -79.79% in comparison to the 20-day moving average, which settled at $0.2045. In addition, Healthcare Triangle Inc. saw 36.67% in overturn over a single year, with a tendency to cut further gains.

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.