Let’s Get Started On The Healthcare Triangle Inc (NASDAQ: HCTI) Stock Forecast.

In the last trading session, 4.26 million shares of the Healthcare Triangle Inc (NASDAQ:HCTI) were traded, and its beta was 0.22. Most recently the company’s share price was $1.18, and it changed around $0.49 or 70.54% from the last close, which brings the market valuation of the company to $11.41M. HCTI currently trades at a discount to its 52-week high of $4.24, offering almost -259.32% off that amount. The share price’s 52-week low was $0.29, which indicates that the current value has risen by an impressive 75.42% since then. We note from Healthcare Triangle Inc’s average daily trading volume that its 10-day average is 0.54 million shares, with the 3-month average coming to 3.14 million.

Healthcare Triangle Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended HCTI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Healthcare Triangle Inc (NASDAQ:HCTI) trade information

Instantly HCTI has showed a green trend with a performance of 70.54% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.6600 on recent trading dayincreased the stock’s daily price by 28.92%. The company’s shares are currently down -57.01% year-to-date, but still up 70.05% over the last five days. On the other hand, Healthcare Triangle Inc (NASDAQ:HCTI) is -5.60% down in the 30-day period. We can see from the shorts that 0.63 million shares have been sold at a short interest cover period of 0.09 day(s).

HCTI Dividends

Healthcare Triangle Inc’s next quarterly earnings report is expected to be released in January.

Healthcare Triangle Inc (NASDAQ:HCTI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 45.93% of Healthcare Triangle Inc shares, and 3.27% of them are in the hands of institutional investors. The stock currently has a share float of 6.05%.