Healthcare Triangle Inc (NASDAQ: HCTI) is -74.56% lower on its value in year-to-date trading and has touched a low of $0.29 and a high of $2.25 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 $0.31 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $0.25, the stock is -30.06% and -49.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -19.25% at the moment leaves the stock -62.16% off its SMA200. HCTI registered -86.36% loss for a year compared to 6-month loss of -48.80%. The firm has a 50-day simple moving average (SMA 50) of $0.50164 and a 200-day simple moving average (SMA200) of $0.663075.
The stock witnessed a -27.38% gain in the last 1 month and extending the period to 3 months gives it a -69.67%, and is -29.12% down 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 21.18% over the week and 14.63% over the month.
Healthcare Triangle Inc (HCTI) has around 60 employees, a market worth around $11.35M and $11.70M in sales. Profit margin for the company is -51.03%. Distance from 52-week low is -13.48% and -88.85% from its 52-week high.
8.0 institutions hold shares in Healthcare Triangle Inc (HCTI), with institutional investors hold 0.16% of the company’s shares. The shares outstanding are 5.67M, and float is at 3.76M with Short Float at 18.58%. Institutions hold 0.14% of the Float.
