Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Heart Test Laboratories Inc’s current trading price is -91.64% away from its 52-week high, while its distance from the 52-week low is 12.57%. The stock’s price range over this period has fluctuated between $0.11 and $1.49. The company, operating within the financial sector, had a trading volume of approximately 0.93 million for the day, which was noticeably lower than the average daily share volume of 3.08 million over the last 3 months.
In terms of market performance, Heart Test Laboratories Inc had a fairly uneven. The highest value for the stock in the past year was $1.49 on 04/14/23, and the lowest value was recorded at $0.11 on 01/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Heart Test Laboratories Inc (HSCS) has experienced a quarterly decline of -23.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.92M and boasts a workforce of 12 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1591, with a change in price of -0.1209. Similarly, Heart Test Laboratories Inc recorded 7,127,501 in trading volume during the last 100 days, posting a change of -49.27%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for HSCS stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.05.
HSCS Stock Stochastic Average
Today’s raw stochastic average for Heart Test Laboratories Inc over the last 50 days is 18.68%.This indicates a increase from the raw stochastic average of the past 20 days, which was 16.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 16.55% and 16.92%, respectively.
HSCS Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -27.19%. However, over the past six months, we’ve seen a stronger performance of -71.70%. The price of HSCS fallen by 2.72% over the last 30 days. And in the last five days, it has surged by 5.33%.
