The volatility ratio for the week is 12.07%, and the volatility levels for the past 30 days are at 9.57% for HIT. The simple moving average for the last 20 days is 12.20% for HIT stock, with a simple moving average of 12.88% for the last 200 days.
Is It Worth Investing in Health In Tech Inc (NASDAQ: HIT) Right Now?
Health In Tech Inc (NASDAQ: HIT) has a price-to-earnings ratio of 183.93x that is above its average ratio.
The public float for HIT is 11.74M and currently, short sellers hold a 1.87% ratio of that float. The average trading volume of HIT on January 31, 2025 was 687.83K shares.
HIT) stock’s latest price update
Health In Tech Inc (NASDAQ: HIT)’s stock price has plunge by 6.19relation to previous closing price of 5.82. Nevertheless, the company has seen a 20.00% surge in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-27 that Leadership Team to Connect with Health Industry Leaders to Discuss Quoting Efficiency and Customizable Coverage STUART, Fla., Jan. 27, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is attending the 2025 Health Care Administrators Association (“HCAA”) Executive Forum to promote an industry-leading quoting power of the company’s proprietary SaaS platform, the Enhanced Do It Yourself Benefits System (eDIYBS).
HIT Trading at 12.88% from the 50-Day Moving Average
After a stumble in the market that brought HIT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.20% of loss for the given period.
Volatility was left at 9.57%, however, over the last 30 days, the volatility rate increased by 12.07%, as shares surge +15.30% for the moving average over the last 20 days.
During the last 5 trading sessions, HIT rose by +20.00%, in comparison to the 20-day moving average, which settled at $5.51. In addition, Health In Tech Inc saw 15.41% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HIT
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
In conclusion, Health In Tech Inc (HIT) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
