The volatility ratio for the week is 6.66%, and the volatility levels for the past 30 days are at 9.01% for HIT. The simple moving average for the last 20 days is 15.18% for HIT stock, with a simple moving average of 19.08% for the last 200 days.
Is It Worth Investing in Health In Tech Inc (NASDAQ: HIT) Right Now?
The price-to-earnings ratio for Health In Tech Inc (NASDAQ: HIT) is above average at 199.40x.
The public float for HIT is 7.80M, and at present, short sellers hold a 0.22% of that float. The average trading volume of HIT on February 21, 2025 was 944.78K shares.
HIT) stock’s latest price update
The stock price of Health In Tech Inc (NASDAQ: HIT) has plunged by -0.45 when compared to previous closing price of 6.73, but the company has seen a 12.79% gain 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 19.08% 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 -5.90% of loss for the given period.
Volatility was left at 9.01%, however, over the last 30 days, the volatility rate increased by 6.66%, as shares surge +30.29% for the moving average over the last 20 days.
During the last 5 trading sessions, HIT rose by +12.96%, in comparison to the 20-day moving average, which settled at $5.82. In addition, Health In Tech Inc saw 25.12% 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 summary, Health In Tech Inc (HIT) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
