Healthcare Triangle Inc (NASDAQ: HCTI) Emerges As Guiding Light For Investors

money audit

Healthcare Triangle Inc (NASDAQ:HCTI) currently has a daily average trading volume of 2.75M but it saw 3408911 shares traded in last market. With a market cap of 6.67M USD, the company’s current market price of $0.99 came rising about 19.26 while comparing to the previous closing price of $0.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.24 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.8201 while lowest mark touched by it was $1.6.

Taking a look at 20-day trading activity of Healthcare Triangle Inc (HCTI) gives us an average price of $0.8433, while its current price level is -76.74% below from 52-week high level whereas it is 240.14% 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 $0.9538 while that of 200 days or SMA-200 reads an average of $0.8584. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.88% during that period while stretching the period over a month that decreases to 24.26%. 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 57.52 which implies that the stock is in neutral territory.

Over the week, HCTI’s stock price is moving 26.83% up while it is 42.15% when we observe its performance for the past one month. Year-to-date it is -64.07% down and over the past year, the stock is showing a downside performance of -64.07%.

Currently, Healthcare Triangle Inc’s total number of outstanding shares is 5.67M. Company’s return on equity (ROE) at -461.96%. Stock’s beta reads 0.14. Stock has a price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is -103.50% on average.