Healthcare Triangle Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $3.98
- Today's High:
- $4.14
- Open Price:
- $3.98
- 52W Low:
- $1.11
- 52W High:
- $6.65
- Prev. Close:
- $4.06
- Volume:
- 27483
Company Statistics
- Market Cap.:
- $17.37 million
- Book Value:
- 1.882
- Revenue TTM:
- $41.61 million
- Operating Margin TTM:
- -28.39%
- Gross Profit TTM:
- $10.52 million
- Profit Margin:
- -29.46%
- Return on Assets TTM:
- -38.39%
- Return on Equity TTM:
- -110.65%
Company Profile
Healthcare Triangle Inc had its IPO on 2014-05-06 under the ticker symbol HCTI.
The company operates in the Healthcare sector and Health Information Services industry. Healthcare Triangle Inc has a staff strength of 49 employees.
Stock update
Shares of Healthcare Triangle Inc opened at $3.98 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $3.98 - $4.14, and closed at $4.11.
This is a +1.23% increase from the previous day's closing price.
A total volume of 27,483 shares were traded at the close of the day’s session.
In the last one week, shares of Healthcare Triangle Inc have slipped by -5.95%.
Healthcare Triangle Inc's Key Ratios
Healthcare Triangle Inc has a market cap of $17.37 million, indicating a price to book ratio of 0.3792 and a price to sales ratio of 0.2987.
In the last 12-months Healthcare Triangle Inc’s revenue was $41.61 million with a gross profit of $10.52 million and an EBITDA of $-8317000. The EBITDA ratio measures Healthcare Triangle Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Healthcare Triangle Inc’s operating margin was -28.39% while its return on assets stood at -38.39% with a return of equity of -110.65%.
In Q2, Healthcare Triangle Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 26.4%.
Healthcare Triangle Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-3.04 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 Healthcare Triangle Inc’s profitability.
Healthcare Triangle Inc stock is trading at a EV to sales ratio of 0.1146 and a EV to EBITDA ratio of -1.0776. Its price to sales ratio in the trailing 12-months stood at 0.2987.
Healthcare Triangle 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
- $16.07 million
- Total Liabilities
- $5.79 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 0%
Healthcare Triangle Inc ended 2024 with $16.07 million in total assets and $0 in total liabilities. Its intangible assets were valued at $16.07 million while shareholder equity stood at $8.05 million.
Healthcare Triangle Inc ended 2024 with $0 in deferred long-term liabilities, $5.79 million in other current liabilities, in common stock, $-17632000.00 in retained earnings and $1.29 million in goodwill. Its cash balance stood at $132000.00 and cash and short-term investments were $132000.00. The company’s total short-term debt was $3,531,000 while long-term debt stood at $0.
Healthcare Triangle Inc’s total current assets stands at $5.42 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.48 million compared to accounts payable of $926000.00 and inventory worth $0.
In 2024, Healthcare Triangle Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Healthcare Triangle Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $4.11
- 52-Week High
- $6.65
- 52-Week Low
- $1.11
- Analyst Target Price
- $1.5
Healthcare Triangle Inc stock is currently trading at $4.11 per share. It touched a 52-week high of $6.65 and a 52-week low of $6.65. Analysts tracking the stock have a 12-month average target price of $1.5.
Its 50-day moving average was $4.12 and 200-day moving average was $3.12 The short ratio stood at 0.08 indicating a short percent outstanding of 0%.
Around 6305.9% of the company’s stock are held by insiders while 52.1% are held by institutions.
Frequently Asked Questions About Healthcare Triangle Inc
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About
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. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evidence, and enhance the digital transformation. The company’s software platforms include CloudEz, an enterprise multi-cloud transformation and management platform that enables customers to manage their cloud infrastructure in private, hybrid, and public cloud infrastructures; and DataEz, a cloud-based data analytics and data science platform for the data analytics and data science requirements of life sciences/pharmaceutical and healthcare provider organizations. It also provides Readabl.AI, a Software-as-a-Service solution that uses public cloud artificial intelligence and machine learning to recognize and extract healthcare information from documents, faxes, and narrative reports. In addition, the company offers cloud IT services; and healthcare IT services, such as electronic health records and software implementation, optimization, and extension to community partners, as well as application managed services, and backup and disaster recovery on public cloud. It primarily serves healthcare delivery organizations, healthcare insurance companies, pharmaceutical and life sciences, biotech companies, and medical device manufacturers. The company was incorporated in 2019 and is based in Pleasanton, California. Healthcare Triangle, Inc. operates as a subsidiary of SecureKloud Technologies, Inc.