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How to Buy Healthcare Triangle Stock

Healthcare Triangle Inc

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.

Healthcare Triangle stock last closed at $2.08, down 5.02% from the previous day, and has decreased 13.33% in one year. It has overperformed other stocks in the Health Information Services industry by 0.07 percentage points. Healthcare Triangle stock is currently +4.52% from its 52-week low of $1.99, and -80.9% from its 52-week high of $10.89.

There are currently 4.28M shares of HCTI outstanding. The market cap of HCTI is $8.90M. In the past 24 hours, 111,005 HCTI shares were traded.

How to Buy Healthcare Triangle Stock

Wondering how to invest in Healthcare Triangle stock? Here's how.
  1. Choose where to buy Healthcare Triangle stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Healthcare Triangle stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Healthcare Triangle stock: The Healthcare Triangle ticker symbol is HCTI. Is Healthcare Triangle stock a good investment? Should you buy shares of HCTI? How do HCTI's underlying business fundamentals look? Do top analysts think Healthcare Triangle is a good buy? Why has HCTI's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if HCTI is a good stock to buy).
  5. Execute your HCTI buy order: Decide if you will purchase HCTI shares at the current market price or use a limit order to purchase HCTI stock at a given price.
  6. Track your investment in HCTI: Create a watchlist to watch your investment in Healthcare Triangle shares.

Step 1: Choose where to buy Healthcare Triangle stock

You will need an online brokerage account in order to access the NASDAQ market and buy HCTI stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in HCTI today.

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Step 3: Fund your brokerage account

Now that you have created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help depositing money into your new investment account.

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Step 4: Evaluate Healthcare Triangle stock

After you have chosen the best place to buy Healthcare Triangle stock, it's very important to research their stock before you buy, so you actually comprehend the risk as well as the upside.

Overview of key HCTI info

HCTI Price
$2.08
1w %
-41.74%
1y %
-13.33%
5y %
N/A
P/E
-0.7x
P/B
1.45x
P/S
0.23x
PEG
N/A
Revenue
$37.44M
Earnings
-$11.87M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$8.90M
Next Earnings
N/A
Next Dividend
N/A

HCTI Zen Score

WallStreetZen was built to help part-time investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on HCTI's stock page.

Is HCTI stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge HCTI's intrinsic value.

Using relative valuations measures:

  • HCTI may be undervalued based on its P/B ratio of 1.45x, relative to Health Information Services industry P/B ratio of 3.48x

You can do more valuation analysis on HCTI's stock here.

HCTI Financial Summary

Pros:

  • There are more short-term assets than long-term liabilities on the HCTI balance sheet.

Cons:

  • HCTI profit margin has gone down from -18.7% to -31.7% in the past year.
  • HCTI has a relatively high debt to equity ratio of 1.36.
  • There are more short-term liabilities than short-term assets on the HCTI balance sheet.
  • HCTI has cash burn of 5075000. It does not have enough cash and short-term investments to cover this.
  • HCTI has $75.00k in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.08M.

Metrics for Advanced HCTI Traders

SMA10
2.92
SMA20
2.51
SMA50
2.71
SMA100
3.34
SMA200
3.49
MACD
-0.03
MACD Signal
0.01
MACD Histogram
-0.04
RSI
41.61
Stochastic %K
8.67
Stochastic %D
21.93
StochRSI %K
30.95
StochRSI %D
40.81

Is HCTI Growing Revenue?

Last year, HCTI revenue was $37.44M. Over the past 2 year, HCTI's revenue has increased by 3.31% per year. This was slower than the Health Information Services industry average of 22.42%.

Dive into HCTI's earnings and revenue performance here.

Who is buying/selling HCTI?

In the last 12 months, insiders at HCTI have not bought or sold any shares.

Research more about who owns HCTI stock here.

Does HCTI provide a stable income stream?

No, Healthcare Triangle doesn't provide an income stream by paying out dividends.

What others are saying about HCTI

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Step 5: Execute your HCTI buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open button and your broker will execute the order.

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Step 6: Track your investment in HCTI

Now that you own some shares in HCTI, you'll want to keep up with your new stock purchase.

Add HCTI to a watchlist to get alerted to the latest events about your HCTI stock.

HCTI Feed

How to Buy Stock in Healthcare Triangle

To summarize, here are the 6 steps for buying Healthcare Triangle stock:

  1. Choose where to buy Healthcare Triangle stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Healthcare Triangle stock
  5. Execute your HCTI buy order
  6. Track your investment in HCTI

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Healthcare Triangle, create your watchlist below.

NASDAQ: HCTI
$2.08-0.11 (-5.02%)
Updated Feb 21, 2024
Open eToro Account
NASDAQ: HCTI
$2.08-0.11 (-5.02%)
Updated Feb 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Healthcare Triangle share?

As of Feb 21, 2024, it costs $2.08 to buy one share of Healthcare Triangle stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.481 shares of HCTI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Healthcare Triangle stock?

One way to place an order for Healthcare Triangle stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.