Healthcare Triangle (NASDAQ:HCTI) Stock Price Down 3% – Here’s Why

Healthcare Triangle, Inc. (NASDAQ:HCTIGet Free Report)’s share price dropped 3% during mid-day trading on Wednesday . The company traded as low as $0.79 and last traded at $0.86. Approximately 27,573 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 1,023,605 shares. The stock had previously closed at $0.88.

Healthcare Triangle Stock Performance

The firm’s 50 day moving average is $0.90 and its 200 day moving average is $0.68. The stock has a market cap of $4.86 million, a P/E ratio of -0.39 and a beta of 0.21.

About Healthcare Triangle

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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 for the electronic health record, and healthcare and life sciences industry. 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 accelerate their digital transformation.

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