Health In Tech Inc [HIT] stock is trading at $1.36, saw in change for the day. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HIT shares have gain 28.30% over the last week, with a monthly amount drifted -1.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Health In Tech Inc [HIT] stock has fluctuated between $0.51 and $7.59 over the past year. Health In Tech Inc [NASDAQ: HIT] shares were valued at $1.36 at the most recent close of the market.
Analyzing the HIT fundamentals
Health In Tech Inc [NASDAQ:HIT] reported sales of 30.72M for the trailing twelve months, which represents a growth of 90.41%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2467 points at the first support level, and at 1.1333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4667, and for the 2nd resistance point, it is at 1.5733.
Ratios To Look Out For
For context, Health In Tech Inc’s Current Ratio is 2.84. In addition, the Quick Ratio stands at 2.84 and the Cash Ratio stands at 1.53. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 4.48 and price to earnings (TTM) ratio is 54.18.
