Healthcare Triangle (NASDAQ:HCTI) Rating Lowered to Sell at Wall Street Zen

Healthcare Triangle (NASDAQ:HCTI) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Sunday.

Healthcare Triangle Price Performance

HCTI opened at $3.35 on Friday. The company has a market capitalization of $19.53 million, a price-to-earnings ratio of -0.01 and a beta of 0.88. Healthcare Triangle has a 1-year low of $1.37 and a 1-year high of $473.10. The business has a 50 day moving average price of $5.88 and a two-hundred day moving average price of $56.41.

Healthcare Triangle (NASDAQ:HCTI) last released its earnings results on Tuesday, May 20th. The company reported ($42.33) earnings per share for the quarter. The business had revenue of $3.70 million during the quarter.

Healthcare Triangle Company Profile

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.