Healthcare Triangle Inc (NASDAQ: HCTI) is -48.30% lower on its value in year-to-date trading and has touched a low of $0.29 and a high of $2.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HCTI stock was last observed hovering at around $0.38 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $0.51, the stock is -13.63% and -35.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 77.6 million and changing 34.21% at the moment leaves the stock -28.28% off its SMA200. HCTI registered -73.30% loss for a year compared to 6-month gain of -9.78%.
The stock witnessed a -37.88% loss in the last 1 month and extending the period to 3 months gives it a -52.34%, and is 11.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 30.68% over the week and 20.13% over the month.
Healthcare Triangle Inc (HCTI) has around 33 employees, a market worth around $3.26M and $16.57M in sales. Profit margin for the company is -38.03%. Distance from 52-week low is 75.86% and -82.77% from its 52-week high.
The shares outstanding are 5.67M, and float is at 3.02M with Short Float at 1.53%.
