Healthcare Triangle Stock Today

HCTI Stock  USD 0.69  0.01  1.47%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 52

 
High
 
Low
Average
Healthcare Triangle is trading at 0.69 as of the 1st of December 2024. This is a 1.47 percent increase since the beginning of the trading day. The stock's open price was 0.68. Healthcare Triangle has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Healthcare Triangle are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
6th of May 2014
Category
Healthcare
Classification
Health Care
Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services. Healthcare Triangle, Inc. operates as a subsidiary of SecureKloud Technologies, Inc. The company has 5.67 M outstanding shares of which 164.23 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. More on Healthcare Triangle

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Moving against Healthcare Stock

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Healthcare Stock Highlights

Thematic IdeaComputers (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, Computers, Health Care, Health Care Equipment & Supplies, Health Information Services, Healthcare, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.923.3041
Fairly Down
Slightly volatile
Gross Profit Margin0.280.2041
Significantly Up
Slightly volatile
Total Current Liabilities7.4 M8.1 M
Moderately Down
Slightly volatile
Total Assets9.9 M10 M
Fairly Down
Slightly volatile
Debt Levels
Healthcare Triangle can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Healthcare Triangle's financial leverage. It provides some insight into what part of Healthcare Triangle's total assets is financed by creditors.
Liquidity
Healthcare Triangle currently holds 4.32 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Healthcare Triangle has a current ratio of 1.39, which is within standard range for the sector. Note, when we think about Healthcare Triangle's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(101,650)
Healthcare Triangle (HCTI) is traded on NASDAQ Exchange in USA. It is located in 7901 Stoneridge Drive, Pleasanton, CA, United States, 94588 and employs 22 people. Healthcare Triangle is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.93 M. Healthcare Triangle conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 5.67 M outstanding shares of which 164.23 K shares are currently shorted by private and institutional investors with about 0.09 trading days to cover. Healthcare Triangle currently holds about 1.36 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Healthcare Triangle Probability Of Bankruptcy
Ownership Allocation
Healthcare Triangle secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Healthcare Ownership Details

Healthcare Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Securities, Llc2024-06-30
32.9 K
Two Sigma Investments Llc2024-09-30
23.8 K
Ubs Group Ag2024-06-30
13.1 K
Geode Capital Management, Llc2024-09-30
10.4 K
Tower Research Capital Llc2024-06-30
9.5 K
Bank Of America Corp2024-06-30
12.0
Wells Fargo & Co2024-06-30
0.0
Jpmorgan Chase & Co2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0
View Healthcare Triangle Diagnostics

Healthcare Triangle Historical Income Statement

As of now, Healthcare Triangle's Interest Expense is increasing as compared to previous years. The Healthcare Triangle's current Depreciation And Amortization is estimated to increase to about 7.6 M, while Selling General Administrative is projected to decrease to under 3.5 M. View More Fundamentals

Healthcare Stock Against Markets

Healthcare Triangle Corporate Management

When determining whether Healthcare Triangle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Triangle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthcare Triangle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Triangle Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Triangle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Triangle. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
4.813
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.55)
Return On Equity
(2.88)
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.