The trading price of Heart Test Laboratories Inc. (NASDAQ:HSCS) floating higher at last check on Wednesday, April 24, closing at $0.12, 16.28% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $1.32 and a 52-week low of $0.09. Over the past month, the stock has lost -4.17% in value.
Heart Test Laboratories Inc., whose market valuation is $7.54 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.03 per share this quarter, however they have predicted annual earnings per share of -0.2 for current year and -0.1 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 60k.
On the technical side, indicators suggest HSCS has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that HSCS’s price is currently 6.75% off the SMA20 and -2.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 53.65, and weekly volatility stands at 6.89%. When measured over the past 30 days, the indicator reaches 7.47%. Heart Test Laboratories Inc. (NASDAQ:HSCS)’s beta value is currently sitting at 3.39, while the Average True Range indicator is currently displaying 0.01.
To see how Heart Test Laboratories Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: HSCS stock’s performance was 16.28% at last check in today’s session, and -87.08% in the past year.
An evaluation of the daily trading volume of Heart Test Laboratories Inc. (NASDAQ:HSCS) indicates that the 3-month average is 1.50 million.
Currently, records show that 65.56 million of the company’s shares remain outstanding. The insiders hold 16.16% of outstanding shares, whereas institutions hold 1.84%. However, since the stock’s price has seen -32.75% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
