On June 22, 2022, Health Catalyst Inc. (NASDAQ: HCAT) opened at $12.66, higher 11.47% from the last session. During the day, the shares moved up to $14.45 and dropped to $12.52 before settling in for the closing price of $12.90. Price fluctuations for HCAT have ranged from $11.25 to $59.50 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -10.90% at the time writing. With a float of $52.79 million, this company’s outstanding shares have now reached $53.01 million.
Let’s look at the performance matrix of the company that is accounted for 728 employees. In terms of profitability, gross margin is +33.16, operating margin of -47.09, and the pretax margin is -66.18.
Health Catalyst Inc. (HCAT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Health Catalyst Inc. is 2.30%, while institutional ownership is 98.49%. The most recent insider transaction that took place on Jun 15, was worth 7,906. In this transaction Chief People Officer of this company sold 648 shares at a rate of $12.20, taking the stock ownership to the 58,677 shares. Before that another transaction happened on Jun 06, when Company’s General Counsel sold 2,838 for $14.85, making the entire transaction worth $42,140. This insider now owns 103,671 shares in total.
Health Catalyst Inc. (HCAT) Latest Financial update
If we go through the results of last quarter, which was made public on 12/30/2021, the company posted -$0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.21) by $0.02. This company achieved a net margin of -63.33 while generating a return on equity of -38.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.90% per share during the next fiscal year.
Health Catalyst Inc. (NASDAQ: HCAT) Trading Performance Indicators
Check out the current performance indicators for Health Catalyst Inc. (HCAT). In the past quarter, the stock posted a quick ratio of 5.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.98, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.22 in one year’s time.
Technical Analysis of Health Catalyst Inc. (HCAT)
Health Catalyst Inc. (NASDAQ: HCAT) saw its 5-day average volume 1.42 million, a positive change from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 57.39%. Additionally, its Average True Range was 1.04.
During the past 100 days, Health Catalyst Inc.’s (HCAT) raw stochastic average was set at 15.78%, which indicates a significant decrease from 74.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.64% in the past 14 days, which was higher than the 77.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.14, while its 200-day Moving Average is $33.00. Nevertheless, the first resistance level for the watch stands at $15.05 in the near term. At $15.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.98. If the price goes on to break the first support level at $13.12, it is likely to go to the next support level at $11.85. The third support level lies at $11.19 if the price breaches the second support level.
Health Catalyst Inc. (NASDAQ: HCAT) Key Stats
There are currently 54,185K shares outstanding in the company with a market cap of 714.83 million. Presently, the company’s annual sales total 241,930 K according to its annual income of -153,210 K. Last quarter, the company’s sales amounted to 68,090 K and its income totaled -22,460 K.