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.
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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.