Healthcare Triangle Inc (NASDAQ: HCTI): Retirees Don’t Worry About Volatility

Healthcare Triangle Inc (NASDAQ:HCTI) currently has a daily average trading volume of 2.96M but it saw 3939761 shares traded in last market. With a market cap of 7.54M USD, the company’s current market price of $1.33 came rising about 9.92 while comparing to the previous closing price of $1.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.87 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $1.22 while lowest mark touched by it was $1.4916.

Taking a look at 20-day trading activity of Healthcare Triangle Inc (HCTI) gives us an average price of $0.5957, while its current price level is -72.69% below from 52-week high level whereas it is 358.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5584 while that of 200 days or SMA-200 reads an average of $1.1302. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.83% during that period while stretching the period over a month that decreases to 19.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 82.68 which implies that the stock is in overbought territory.

Over the week, HCTI’s stock price is moving 154.64% up while it is 192.05% when we observe its performance for the past one month. Year-to-date it is -51.55% down and over the past year, the stock is showing a downside performance of -66.58%.

Currently, Healthcare Triangle Inc’s total number of outstanding shares is 4.31M. Company’s return on equity (ROE) at -287.56%. Stock’s beta reads 0.94. Stock has a price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is -96.40% on average.