52-week price history of HIT 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. Health In Tech Inc’s current trading price is -84.73% away from its 52-week high, while its distance from the 52-week low is 126.33%. The stock’s price range during the 52-week period has remained between $0.51 and $7.59. In the Technology sector, the company’s shares saw a trading volume of around 4.03 million for the day, which was evidently higher than the average daily volume of 1.79 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Health In Tech Inc (HIT) has experienced a quarterly decline of -80.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.28M and boasts a workforce of 80 employees.
Making Sense of Trading Volume and Moving Average Data
Examining HIT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for HIT stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
HIT Stock Stochastic Average
Health In Tech Inc’s raw stochastic average for the past 50 days is presently 8.87%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 83.09%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.80% and 88.05%, respectively.
HIT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -78.36%. Over the last 30 days, the price of HIT has fallen by 68.70%. And in the last five days, it has surged by 90.09%.