Healthcare Triangle, Inc. (NASDAQ:HCTI – Get Free Report) fell 5% on Wednesday . The company traded as low as $1.32 and last traded at $1.32. 42,855 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 110,530 shares. The stock had previously closed at $1.39.
Healthcare Triangle Stock Performance
The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.71 and a current ratio of 0.71. The business has a 50 day moving average price of $2.06 and a two-hundred day moving average price of $2.90. The company has a market cap of $6.14 million, a P/E ratio of -0.45 and a beta of 0.99.
Healthcare Triangle (NASDAQ:HCTI – Get Free Report) last released its quarterly earnings results on Monday, March 18th. The company reported ($1.26) EPS for the quarter. The business had revenue of $7.06 million for the quarter. Healthcare Triangle had a negative net margin of 37.16% and a negative return on equity of 205.49%.
About Healthcare Triangle
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 for the electronic health record, and healthcare and life sciences industry. 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 accelerate their digital transformation.
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