How have HCTI shares performed in 2023?

Healthcare Triangle's stock was trading at $1.7970 on January 1st, 2023. Since then, HCTI shares have increased by 110.4% and is now trading at $3.78. View the best growth stocks for 2023 here .

Are investors shorting Healthcare Triangle?

Healthcare Triangle saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,500 shares, a decline of 46.4% from the October 31st total of 2,800 shares. Based on an average trading volume of 17,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company's stock are sold short. View Healthcare Triangle's Short Interest .

When is Healthcare Triangle's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 26th 2024. View our HCTI earnings forecast .

How were Healthcare Triangle's earnings last quarter?

Healthcare Triangle, Inc. (NASDAQ:HCTI) posted its quarterly earnings data on Monday, November, 13th. The company reported ($0.46) earnings per share for the quarter. The business had revenue of $7.78 million for the quarter. Healthcare Triangle had a negative trailing twelve-month return on equity of 132.37% and a negative net margin of 31.71%.

When did Healthcare Triangle's stock split?

Healthcare Triangle shares reverse split on the morning of Friday, May 26th 2023. The 1-10 reverse split was announced on Friday, May 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Healthcare Triangle IPO?

(HCTI) raised $21 million in an initial public offering on Friday, October 8th 2021. The company issued 4,600,000 shares at $4.00-$5.00 per share. EF Hutton (formerly Kingswood, a division of Benchmark Investments) acted as the underwriter for the IPO.

How do I buy shares of Healthcare Triangle?

Shares of HCTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Healthcare Triangle Stock Price, News & Analysis (NASDAQ:HCTI)

$3.80

-0.09 (-2.31%)

(As of 12:35 PM ET)

Compare

Today's Range: $3.80
▼
$3.80
50-Day Range: $3.70
▼
$4.54
52-Week Range: $1.36
▼
$10.89

Volume: 351 shs
Average Volume: 269,349 shs
Market Capitalization: $16.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Competitors Earnings Financials Headlines SEC Filings Short Interest Social Media

About Healthcare Triangle Stock (NASDAQ:HCTI)

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.

HCTI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HCTI Stock News Headlines

November 13, 2023 | msn.com

Healthcare Triangle GAAP EPS of -$0.46, revenue of $7.8M

November 13, 2023 | finanznachrichten.de

Healthcare Triangle, Inc.: Healthcare Triangle Reports Third Quarter 2023 Results

November 29, 2023 | Tomorrow Investor (Ad)

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November 13, 2023 | finance.yahoo.com

Healthcare Triangle Reports Third Quarter 2023 Results

November 9, 2023 | morningstar.com

Healthcare Triangle Inc HCTI

November 8, 2023 | finance.yahoo.com

Healthcare Triangle to Host Sessions on Digital Transformation and Ransomware Preparedness for Healthcare Systems at CHIME23 Fall Forum

October 27, 2023 | bizjournals.com

Peak 25: Lisa Lowe-Hall – CEO of Triangle Family Services

September 20, 2023 | msn.com

Triangle nonprofit works to develop antiviral drug to prep for future pandemic

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

September 19, 2023 | finance.yahoo.com

Healthcare Triangle to Host Roundtable Discussion on Generative AI and Data Modernization Strategies for Healthcare

September 12, 2023 | finance.yahoo.com

Healthcare Triangle to Host Webinar Addressing Ransomware Preparedness for Healthcare

September 7, 2023 | barrons.com

Healthcare Triangle Inc.

August 11, 2023 | finance.yahoo.com

Healthcare Triangle Reports Second Quarter 2023 Results

July 27, 2023 | finance.yahoo.com

Healthcare Triangle Ransomware Protection and Prevention Initiative Draws Initial Support from Multiple Health System Clients

July 19, 2023 | finance.yahoo.com

Healthcare Triangle Awarded Contract Expansion with Fortune 500 Biopharmaceutical Customer

July 14, 2023 | finanznachrichten.de

Healthcare Triangle Inc.: Healthcare Triangle Launches Initiative To Prevent Ransomware Attacks In The $35 Billion Healthcare Data Market

July 14, 2023 | benzinga.com

Healthcare Triangle Stock (NASDAQ:HCTI), Guidance and Forecast

July 12, 2023 | msn.com

Why Healthcare Triangle Stock Is Shooting Higher Today?

July 12, 2023 | finance.yahoo.com

Growing Number of Industries Realize the Urgency for Ransomware Protection

July 12, 2023 | benzinga.com

Healthcare Triangle (NASDAQ: HCTI) Launches Initiative To Prevent Ransomware Attacks In The $35 Billion Healthcare Data Market

July 12, 2023 | finance.yahoo.com

Healthcare Triangle Launches Ransomware Initiative Aimed at Protection and Prevention for Healthcare Providers

July 12, 2023 | investorplace.com

Why Is Healthcare Triangle (HCTI) Stock Up 124% Today?

July 11, 2023 | msn.com

FDA awards $50 million to Triangle universities for joint work on drug development process, regulatory oversight, public health information

July 7, 2023 | markets.businessinsider.com

Pre-market Movers: PWM, GRRR, ABL, HCTI, EDTX…

June 24, 2023 | fool.com

Healthcare Triangle (NASDAQ: HCTI)

June 13, 2023 | finance.yahoo.com

Healthcare Triangle Maintains Compliance with Nasdaq Listing Requirements as Nasdaq Resolves Delisting Determination Error

June 7, 2023 | finanznachrichten.de

Healthcare Triangle, Inc.: Healthcare Triangle Receives Nasdaq Delisting Notice; Appeals Determination

See More Headlines

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Company Calendar

Last Earnings: 11/13/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:HCTI
CUSIP: N/A
CIK: 1839285
Web: www.healthcaretriangle.com
Phone: 925-270-4812
Fax: N/A
Employees: 49
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($2.98)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-9,610,000.00
Net Margins: -31.71%
Pretax Margin: -31.60%
Return on Equity: -132.37%
Return on Assets: -67.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.71
Quick Ratio: 0.71

Sales & Book Value

Annual Sales: $44.89 million
Price / Sales: 0.36
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.98 per share
Price / Book: 1.27

Miscellaneous

Outstanding Shares: 4,280,000
Free Float: 4,210,000
Market Cap: $16.18 million
Optionable: Not Optionable
Beta: 1.38

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Key Executives

Mr. Thyagarajan Ramachandran (Age 47)
Chief Financial Officer
Comp: $121.03k
Mr. Chris Paalman
Director of Engineering & Operations
Mr. Abhay Borwankar
Vice President of Cloud & Technology
Mr. Michael Campana
Vice President of Marketing
Mr. Damian David
Senior Director of Sales & Business Development
Mr. Shibu Kizhakevilayil (Age 51)
Head of M&A and Director
Mr. Lakshmanan Kannappan (Age 56)
Head of Strategy & Member of the Board

Key Competitors

View All Competitors

HCTI Stock Analysis - Frequently Asked Questions

How have HCTI shares performed in 2023?: Healthcare Triangle's stock was trading at $1.7970 on January 1st, 2023. Since then, HCTI shares have increased by 110.4% and is now trading at $3.78.
View the best growth stocks for 2023 here.
Are investors shorting Healthcare Triangle?: Healthcare Triangle saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,500 shares, a decline of 46.4% from the October 31st total of 2,800 shares. Based on an average trading volume of 17,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company's stock are sold short.
View Healthcare Triangle's Short Interest.
When is Healthcare Triangle's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 26th 2024.
View our HCTI earnings forecast.
How were Healthcare Triangle's earnings last quarter?: Healthcare Triangle, Inc. (NASDAQ:HCTI) posted its quarterly earnings data on Monday, November, 13th. The company reported ($0.46) earnings per share for the quarter. The business had revenue of $7.78 million for the quarter. Healthcare Triangle had a negative trailing twelve-month return on equity of 132.37% and a negative net margin of 31.71%.

When did Healthcare Triangle's stock split?: Healthcare Triangle shares reverse split on the morning of Friday, May 26th 2023. The 1-10 reverse split was announced on Friday, May 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
When did Healthcare Triangle IPO?: (HCTI) raised $21 million in an initial public offering on Friday, October 8th 2021. The company issued 4,600,000 shares at $4.00-$5.00 per share. EF Hutton (formerly Kingswood, a division of Benchmark Investments) acted as the underwriter for the IPO.
How do I buy shares of Healthcare Triangle?: Shares of HCTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HCTI) was last updated on 11/29/2023 by MarketBeat.com Staff

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