Healthcare Triangle Inc (NASDAQ: HCTI) is -77.19% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $1.90 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 $0.21 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.22, the stock is 12.91% and -16.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 44.22 million and changing 5.63% at the moment leaves the stock -63.30% off its SMA200. HCTI registered -77.72% loss for a year compared to 6-month loss of -82.00%.
The stock witnessed a 5.58% gain in the last 1 month and extending the period to 3 months gives it a -58.94%, and is 17.86% 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 46.87% over the week and 30.18% over the month.
Healthcare Triangle Inc (HCTI) has around 60 employees, a market worth around $10.17M and $11.70M in sales. Profit margin for the company is -51.03%. Distance from 52-week low is 67.91% and -88.16% from its 52-week high.
The shares outstanding are 45.21M, and float is at 43.91M with Short Float at 6.96%.
