Healthcare Triangle Inc (HCTI) Gain 34.83%, Marking Win By Bears

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Healthcare Triangle Inc (NASDAQ:HCTI) has a beta value of 0.06 and has seen 10.13 million shares traded in the last trading session. The company, currently valued at $9.17M, closed the last trade at $1.20 per share which meant it gained $0.31 on the day or 34.83% during that session. The HCTI stock price is -253.33% off its 52-week high price of $4.24 and 75.83% above the 52-week low of $0.29. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.39 million shares traded. The 3-month trading volume is 2.80 million shares.

The consensus among analysts is that Healthcare Triangle Inc (HCTI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

Healthcare Triangle Inc (NASDAQ:HCTI) trade information

Sporting 34.83% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HCTI stock price touched $1.20 or saw a rise of 25.0%. Year-to-date, Healthcare Triangle Inc shares have moved 21.65%, while the 5-day performance has seen it change 58.94%. Over the past 30 days, the shares of Healthcare Triangle Inc (NASDAQ:HCTI) have changed 93.17%. Short interest in the company has seen 0.63 million shares shorted with days to cover at 0.09.

Healthcare Triangle Inc (HCTI) estimates and forecasts

The company’s shares have gained 155.32% over the past 6 months.

HCTI Dividends

Healthcare Triangle Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 45.93% of the company shares, while shares held by institutions stand at 3.27% with a share float percentage of 6.05%. Investors are also buoyed by the number of investors in a company, with Healthcare Triangle Inc having a total of 6.0 institutions that hold shares in the company.