Health In Tech (NASDAQ:HIT - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued on Saturday.
HIT has been the subject of several other research reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Health In Tech in a research report on Wednesday, October 8th. Maxim Group raised Health In Tech to a "strong-buy" rating and set a $2.50 target price for the company in a research report on Thursday, June 26th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2.50.
View Our Latest Report on HIT
Health In Tech Price Performance
HIT stock opened at $3.02 on Friday. The stock has a 50-day moving average price of $3.16 and a two-hundred day moving average price of $1.69. Health In Tech has a 12-month low of $0.51 and a 12-month high of $7.59.
Health In Tech (NASDAQ:HIT - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.01. The firm had revenue of $9.31 million for the quarter, compared to analysts' expectations of $7.96 million.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of HIT. Cubist Systematic Strategies LLC acquired a new position in shares of Health In Tech in the first quarter worth about $41,000. Arete Wealth Advisors LLC acquired a new position in shares of Health In Tech in the first quarter worth about $47,000. Jane Street Group LLC acquired a new position in shares of Health In Tech in the first quarter worth about $48,000. Finally, XTX Topco Ltd acquired a new position in shares of Health In Tech in the first quarter worth about $59,000.
About Health In Tech
(
Get Free Report)
Health in Tech, Inc engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.
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