The stock of Healthcare Triangle Inc (HCTI) has gone up by 23.85% for the week, with a 27.22% rise in the past month and a -21.76% drop in the past quarter. The volatility ratio for the week is 13.62%, and the volatility levels for the past 30 days are 14.15% for HCTI. The simple moving average for the last 20 days is 22.01% for HCTI’s stock, with a simple moving average of -49.70% for the last 200 days.
Is It Worth Investing in Healthcare Triangle Inc (NASDAQ: HCTI) Right Now?
Company’s 36-month beta value is 0.86.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for HCTI is 3.02M, and currently, short sellers hold a 0.86% ratio of that floaft. The average trading volume of HCTI on October 28, 2024 was 557.49K shares.
HCTI) stock’s latest price update
Healthcare Triangle Inc (NASDAQ: HCTI)’s stock price has soared by 6.83 in relation to previous closing price of 0.54. Nevertheless, the company has seen a gain of 23.85% in its stock price over the last five trading days. zacks.com reported 2024-09-13 that Discover why Zacks rates Healthcare Triangle as “Underperform”, being the first on Wall Street to initiate coverage on the stock. Explore HCTI’s heavy reliance on top clients amid liquidity issues and ongoing losses.
HCTI Trading at 12.85% 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 -88.11% of loss for the given period.
Volatility was left at 14.15%, however, over the last 30 days, the volatility rate increased by 13.62%, as shares surge +25.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.04% upper at present.
During the last 5 trading sessions, HCTI rose by +23.85%, which changed the moving average for the period of 200-days by -81.32% in comparison to the 20-day moving average, which settled at $0.4743. In addition, Healthcare Triangle Inc saw -78.91% 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:
- -0.44 for the present operating margin
- 0.19 for the gross margin
The net margin for Healthcare Triangle Inc stands at -0.49. The total capital return value is set at 65.96. Equity return is now at value -287.56, with -96.40 for asset returns.
Based on Healthcare Triangle Inc (HCTI), the company’s capital structure generated 1.6 points at debt to capital in total, while cash flow to debt ratio is standing at 2.52. The debt to equity ratio resting at -2.67. The interest coverage ratio of the stock is -9.63.
Currently, EBITDA for the company is -4.12 million with net debt to EBITDA at -0.56. When we switch over and look at the enterprise to sales, we see a ratio of 0.23. The receivables turnover for the company is 10.94for trailing twelve months and the total asset turnover is 3.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In a nutshell, Healthcare Triangle Inc (HCTI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
