Heartbeam Inc

Company Profile

Heartbeam Inc had its IPO on 2021-11-11 under the ticker symbol BEAT.

The company operates in the Healthcare sector and Health Information Services industry. Heartbeam Inc has a staff strength of 10 employees.

Stock update

Shares of Heartbeam Inc opened at $2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.96 - $2.04, and closed at $1.96.

This is a -1.01% slip from the previous day's closing price.

A total volume of 17,373 shares were traded at the close of the day’s session.

In the last one week, shares of Heartbeam Inc have slipped by -12.11%.

Heartbeam Inc's Key Ratios

Heartbeam Inc has a market cap of $63.72 million, indicating a price to book ratio of 7.9488 and a price to sales ratio of 0.

In the last 12-months Heartbeam Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Heartbeam Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Heartbeam Inc’s operating margin was 0% while its return on assets stood at -132.37% with a return of equity of -263.05%.

In Q1, Heartbeam Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Heartbeam Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.73 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Heartbeam Inc’s profitability.

Heartbeam Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -4.7357. Its price to sales ratio in the trailing 12-months stood at 0.

Heartbeam Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.46 million

Total Liabilities

$2.32 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Heartbeam Inc ended 2024 with $1.46 million in total assets and $0 in total liabilities. Its intangible assets were valued at $1.46 million while shareholder equity stood at $-859000.00.

Heartbeam Inc ended 2024 with $0 in deferred long-term liabilities, $2.32 million in other current liabilities, 1000.00 in common stock, $-26322000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $990000.00 and cash and short-term investments were $990000.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Heartbeam Inc’s total current assets stands at $1.46 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $2.32 million and inventory worth $0.

In 2024, Heartbeam Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Heartbeam Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.96

52-Week High

$6.74

52-Week Low

$1.12

Analyst Target Price

$8

Heartbeam Inc stock is currently trading at $1.96 per share. It touched a 52-week high of $6.74 and a 52-week low of $6.74. Analysts tracking the stock have a 12-month average target price of $8.

Its 50-day moving average was $2.62 and 200-day moving average was $3.11 The short ratio stood at 0.92 indicating a short percent outstanding of 0%.

Around 1879.4% of the company’s stock are held by insiders while 697.5% are held by institutions.