Health In Tech Inc (NASDAQ: HIT) has a higher price-to-earnings ratio of 54.69x compared to its average ratio, Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HIT is 7.87M, and currently, shorts hold a 5.44% of that float. The average trading volume for HIT on April 11, 2025 was 1.96M shares.
HIT) stock’s latest price update
Health In Tech Inc (NASDAQ: HIT)’s stock price has plunge by 5.08relation to previous closing price of 0.65. Nevertheless, the company has seen a 14.93% surge in its stock price over the last five trading sessions. prnewswire.com reported 2025-04-10 that STUART, Fla., April 10, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to announce the appointment of a new independent director, Sanjay Shrestha, to the Company’s Board of Directors (the “Board”).
HIT’s Market Performance
Health In Tech Inc (HIT) has seen a 14.93% rise in stock performance for the week, with a -38.35% decline in the past month and a -86.93% plunge in the past quarter. The volatility ratio for the week is 14.74%, and the volatility levels for the past 30 days are at 19.97% for HIT. The simple moving average for the past 20 days is 0.46% for HIT’s stock, with a -84.43% simple moving average for the past 200 days.
HIT Trading at -82.13% 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 -91.06% of loss for the given period.
Volatility was left at 19.97%, however, over the last 30 days, the volatility rate increased by 14.74%, as shares sank -16.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -88.97% lower at present.
During the last 5 trading sessions, HIT rose by +15.52%, in comparison to the 20-day moving average, which settled at $0.6753. In addition, Health In Tech Inc saw -87.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HIT
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.79 for the gross margin
The net margin for Health In Tech Inc stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 6.96, with 4.91 for asset returns.
Based on Health In Tech Inc (HIT), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 10.53. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 2.0.
Currently, EBITDA for the company is 1.93 million with net debt to EBITDA at -3.97. When we switch over and look at the enterprise to sales, we see a ratio of 1.49. The receivables turnover for the company is 9.08for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.06.
Conclusion
In conclusion, Health In Tech Inc (HIT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
