Last month’s performance of 22.90% for Health Catalyst Inc. (HCAT) is certainly impressive

Health Catalyst Inc. (NASDAQ: HCAT) on January 24, 2023, started off the session at the price of $13.25, plunging -1.72% from the previous trading day. During the day, the shares moved up to $13.55 and dropped to $12.84 before settling in for the closing price of $13.38. Within the past 52 weeks, HCAT’s price has moved between $6.40 and $31.08.


Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.

Sponsored


The company achieved an average annual earnings per share of -10.90%. With a float of $53.02 million, this company’s outstanding shares have now reached $54.30 million.

In an organization with 728 employees, it is important to assess its efficiency. 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

Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Health Catalyst Inc. is 3.40%, while institutional ownership is 91.90%. The most recent insider transaction that took place on Jan 18, was worth 29,503. In this transaction Chief Financial Officer of this company sold 2,354 shares at a rate of $12.53, taking the stock ownership to the 136,937 shares. Before that another transaction happened on Jan 17, when Company’s Chief Financial Officer sold 2,055 for $12.00, making the entire transaction worth $24,660. This insider now owns 139,291 shares in total.

Health Catalyst Inc. (HCAT) Latest Financial update

As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.1) by $0.07. 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 -0.15 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

Health Catalyst Inc. (HCAT) is currently performing well based on its current performance indicators. A quick ratio of 4.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.83, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.25 in one year’s time.

Technical Analysis of Health Catalyst Inc. (HCAT)

Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was better than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 90.58%. Additionally, its Average True Range was 0.72.

During the past 100 days, Health Catalyst Inc.’s (HCAT) raw stochastic average was set at 94.41%, which indicates a significant increase from 89.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.83% in the past 14 days, which was lower than the 79.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.71, while its 200-day Moving Average is $12.91. However, in the short run, Health Catalyst Inc.’s stock first resistance to watch stands at $13.52. Second resistance stands at $13.89. The third major resistance level sits at $14.23. If the price goes on to break the first support level at $12.81, it is likely to go to the next support level at $12.47. The third support level lies at $12.10 if the price breaches the second support level.

Health Catalyst Inc. (NASDAQ: HCAT) Key Stats

Market capitalization of the company is 711.02 million based on 54,751K outstanding shares. Right now, sales total 241,930 K and income totals -153,210 K. The company made 68,350 K in profit during its latest quarter, and -45,740 K in sales during its previous quarter.

Latest

On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...

Newsletter

 

Don't miss

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Do You Know Why Evolv Technologies (EVLV) Stock Surged Nearly 10% Today?

Today's charts show Evolv Technologies Holdings Inc. (Nasdaq: EVLV)...

5 Best TaaS Stocks to Buy Right Now

TaaS stock refers to a financial asset sold by...

Activision Blizzard Inc. (ATVI) Moves 1.29% Higher: These Numbers are Too Good to be True

Activision Blizzard Inc. (NASDAQ: ATVI) open the trading on January 26, 2023, with great promise as it jumped 1.29% to $75.60. During the day,...

Canopy Growth Corporation (CGC) is set for another landmark as it hit the volume of 9.45 million

Witnessing the stock’s movement on the chart, on January 26, 2023, Canopy Growth Corporation (NASDAQ: CGC) remained unchanged at $2.76. During the day, the...

Swvl Holdings Corp. (SWVL) last month performance of 26.96% certainly makes it a sizzling prospect

Swvl Holdings Corp. (NASDAQ: SWVL) flaunted slowness of -5.68% at $3.65, as the Stock market unbolted on January 26, 2023. During the day, the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here