Our top pick for
Healthcare Triangle, which provides AI-enabled healthcare information solutions, completed a significantly downsized IPO, raising $13.2 million.
The company sold 3.3 million shares at $4 each, the low end of its previously announced range of $4 to $5 per share. Healthcare Triangle had previously planned to offer 4.6 million shares.
Based in Pleasanton, California, Healthcare Triangle will debut on the Nasdaq Wednesday under the ticker symbol HCTI. Shares are available for limit orders on Robinhood and other platforms.
|Latest market close||$0.44|
|52-week range||$0.38 - $4.35|
|50-day moving average||$0.61|
|200-day moving average||$1.06|
|Wall St. target price||$4.00|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-0.23|
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2022-09-22)||-6.82%|
|1 month (2022-08-29)||-19.07%|
|3 months (2022-06-29)||-57.57%|
|6 months (2022-03-29)||-65.04%|
|1 year (2021-09-25)||N/A|
|2 years (2020-09-25)||N/A|
|3 years (2019-09-25)||N/A|
|5 years (2017-09-25)||N/A|
|Revenue TTM||$39.9 million|
|Gross profit TTM||$10.5 million|
|Return on assets TTM||-29.83%|
|Return on equity TTM||-84.69%|
|Market capitalisation||$18.5 million|
TTM: trailing 12 months
We're not expecting Healthcare Triangle to pay a dividend over the next 12 months.
Healthcare Triangle's shares were split on a 1:200 basis on 15 July 2016. So if you had owned 200 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Healthcare Triangle shares – just the quantity. However, indirectly, the new 19900% higher share price could have impacted the market appetite for Healthcare Triangle shares which in turn could have impacted Healthcare Triangle's share price.
Over the last 12 months, Healthcare Triangle's shares have ranged in value from as little as $0.38 up to $4.35. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Healthcare Triangle's is -123.8011. This would suggest that Healthcare Triangle's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Healthcare Triangle has bucked the trend.
To put Healthcare Triangle's beta into context you can compare it against those of similar companies.
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 across 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, it 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.
Looking to invest in tech? Here’s how to buy shares in the major tech companies, known as FAANG stocks.
A simple guide to buying stocks in your favorite European soccer team.
Steps to owning and managing JUVE, with 24-hour and historical pricing before you buy.
Steps to owning and managing ASR, with 24-hour and historical pricing before you buy.
Steps to owning and managing BVB, with 24-hour and historical pricing before you buy.
Everything we know about the Lead Real Estate Co. IPO, plus information on how to buy in.
Everything we know about the Third Harmonic Bio IPO, plus information on how to buy in.
Everything we know about the LINKBANCORP IPO, plus information on how to buy in.
Here are the stocks that benefit from inflation, as well as industries to keep an eye on to reduce the impacts of inflation on your portfolio.
We’ve rounded up stats on some of the most popular wheat stocks, along with information on how these stocks compare and how to invest.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.