The stock of Health In Tech Inc (HIT) is currently priced at $2.49. In the last session, the stock climbed significantly, topping out at $3.25 after opening at $2.49. The day’s lowest price was $3.25 before the stock closed at $2.0.
Health In Tech Inc saw a rather unpredictable run in, in terms of market performance.
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 -67.19% away from its 52-week high, while its distance from the 52-week low is 386.33%. 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 2.52 million for the day, which was evidently higher than the average daily volume of 0.89 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Health In Tech Inc (HIT) has experienced a quarterly rise of 296.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 136.13M and boasts a workforce of 80 employees.
A Closer Look at Analysts’ Ratings for Health In Tech Inc
As of right now, 0 analyst is rating Health In Tech Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 0.86, with a change in price of -4.97. Similarly, Health In Tech Inc recorded 1,296,684 in trading volume during the last 100 days, posting a change of -66.62%.
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
As of today, Health In Tech Inc’s raw stochastic average for the last 50 days stands at 93.70%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 92.66%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.40% and 77.14%, respectively.
HIT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective.
