The market performance of Healthcare Triangle Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $2.96 on 03/19/24, while the lowest value for the same duration was $0.29 on 09/13/24.
52-week price history of HCTI Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Healthcare Triangle Inc’s current trading price is -87.25% away from its 52-week high, while its distance from the 52-week low is 30.17%. The stock’s price range during the 52-week period has remained between $0.29 and $2.96. In the Healthcare sector, the company’s shares saw a trading volume of around 0.64 million for the day, which was evidently lower than the average daily volume of 3.21 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Healthcare Triangle Inc (HCTI) has experienced a quarterly decline of -54.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.42M and boasts a workforce of 33 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8196, with a change in price of -0.1370. Similarly, Healthcare Triangle Inc recorded 3,632,185 in trading volume during the last 100 days, posting a change of -26.63%.
HCTI Stock Stochastic Average
As of today, Healthcare Triangle Inc’s raw stochastic average for the last 50 days stands at 4.69%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 11.93%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 19.33% and 23.24%, respectively.
HCTI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -61.73%. However, over the last six months, the performance has been stronger by -46.39%. The price of HCTI decreased -51.29% over the last 30 days. And in the last five days, it has surged by 12.18%.
