Healthcare Triangle (NASDAQ:HCTI) Trading Up 10.3%

Shares of Healthcare Triangle, Inc. (NASDAQ:HCTI) were up 10.3% during mid-day trading on Friday . The stock traded as high as $0.69 and last traded at $0.69. Approximately 33,417 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 289,873 shares. The stock had previously closed at $0.62.

Healthcare Triangle Trading Up 10.3 %

The firm has a market cap of $3.87 million, a price-to-earnings ratio of -0.27 and a beta of 0.87. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.53 and a quick ratio of 0.53. The firm’s fifty day moving average is $0.60 and its 200-day moving average is $1.38.

Healthcare Triangle (NASDAQ:HCTI) last released its earnings results on Monday, May 20th. The company reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $4.11 million during the quarter. Healthcare Triangle had a negative net margin of 39.76% and a negative return on equity of 307.58%.

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.