Healthcare Triangle, Inc. (HCTI)

NASDAQ: HCTI · IEX Real-Time Price · USD
0.229
+0.014 (6.51%)
At close: Dec 2, 2022 4:00 PM
0.210
-0.019 (-8.30%)
Pre-market: Dec 5, 2022 4:37 AM EST
6.51%
Market Cap 8.95M
Revenue (ttm) 43.78M
Net Income (ttm) -8.20M
Shares Out 36.02M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 887,456
Open 0.236
Previous Close 0.215
Day's Range 0.21 - 0.255
52-Week Range 0.111 - 2.78
Beta -123.80
Analysts Buy
Price Target 1.53 (+568.1%)
Earnings Date Nov 14, 2022

About HCTI

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. 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 enhance the digital transformation. The company's software platform... [Read more]

Industry Health Information Services
IPO Date Oct 13, 2021
Employees 67
Stock Exchange NASDAQ
Ticker Symbol HCTI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for HCTI stock is "Buy." The 12-month stock price forecast is 1.53, which is an increase of 568.12% from the latest price.

Price Target
$1.53
(568.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Healthcare Triangle, Inc (HCTI) Reports Results for the Third Quarter of 2022

PLEASANTON, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (HCTI), a leading provider of cloud and digital transformation, managed services and data analytics platform for healthcare...

3 weeks ago - GlobeNewsWire

Healthcare Triangle to Present at the 148th National Investment Banking Association (NIBA) Conference

PLEASANTON, CA / ACCESSWIRE / September 8, 2022 / Healthcare Triangle Inc., (Nasdaq:HCTI) announced today that Suresh Venkatachari, Chairman and CEO is scheduled to present at the 148th National Investm...

2 months ago - Accesswire

Healthcare Triangle, Inc (HCTI) Reports Results for the Second Quarter of 2022

PLEASANTON, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (HCTI), a leading provider of cloud and digital transformation, managed services and data analytics platform for Healthcare...

3 months ago - GlobeNewsWire

Healthcare Triangle Launches in Singapore to Bolster Healthcare by Leveraging AI and Cloud in Asia Pacific Markets

Growing need for clinical information systems and electronic medical records to propel digital healthcare market in Asia Pacific to reach 100 billion dollars by 2025. Growing need for clinical informati...

4 months ago - GlobeNewsWire

Healthcare Triangle Announces Closing of $6.5 Million Private Placement

PLEASANTON, Calif., July 13, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the “Company”), a leading provider of cloud and data transformation solutions for healthcare and...

4 months ago - GlobeNewsWire

Hospitals Innovate Patient Experience with HCTI's Digital Front Door Mobile App

PLEASANTON, Calif., June 23, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (HCTI), a leading healthcare IT provider, announces the availability of the Digital Front Door mobile app solution, the ki...

5 months ago - GlobeNewsWire

Why Healthcare Triangle Stock Is Soaring Today

Healthcare Triangle Inc (NASDAQ: HCTI) shares are trading higher Tuesday after the company announced a $2 million buyback program.  Healthcare Triangle's board has approved a share repurchase program au...

5 months ago - Benzinga

Healthcare Triangle Authorizes $2 Million Share Repurchase Program

PLEASANTON, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics platf...

5 months ago - GlobeNewsWire

Healthcare Triangle, Inc (HCTI) Reports Results for the First Quarter of 2022

PLEASANTON, Calif., May 16, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (NASDAQ:HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics ...

6 months ago - GlobeNewsWire

Healthcare Triangle Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture, and M...

HITRUST Risk-based, 2-year Certification validates Healthcare Triangle is committed to meeting key regulations and protecting sensitive information HITRUST Risk-based, 2-year Certification validates Hea...

7 months ago - GlobeNewsWire

Healthcare Triangle Inc. to Present at the NobleCon18 Investor Conference

PLEASANTON, Calif., April 18, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company"), a leading provider of cloud and data transformation solutions are pleased to an...

7 months ago - GlobeNewsWire

A Leading Healthcare Provider Selected Healthcare Triangle's (HCTI) AWS Cloud Services offerings to Improve Uptime of...

Healthcare Triangle, Inc. (HCTI), one of the largest AWS premier partners, helped a comprehensive healthcare provider in Southeast Iowa to improve uptime and resilience of electronic health records Heal...

8 months ago - GlobeNewsWire

Healthcare Triangle, Inc (HCTI) Reports Fourth Quarter and Full Year 2021 Results

PLEASANTON, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (HCTI), a leading provider of Healthcare and Life Sciences cloud transformation, managed services and data analytics platf...

8 months ago - GlobeNewsWire

Healthcare Triangle (HCTI) Closes Previously Announced Acquisition of DevCool, an Electronic Health Record (EHR) Focu...

Acquisition Expected to Add Approximately $20 Million in Revenues Acquisition Expected to Add Approximately $20 Million in Revenues

9 months ago - GlobeNewsWire

Healthcare Triangle, Inc. Releases Shareholder Update

Highlights Market Opportunity and Recent Accretive Acquisition

10 months ago - GlobeNewsWire

Healthcare Triangle Announces the Appointment of Sanjay Dalwani as Chief Revenue Officer

PLEASANTON, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company") a leading provider of cloud and data transformation platform and solutions for he...

10 months ago - GlobeNewsWire

Why Healthcare Triangle Shares Are Rising

Healthcare Triangle Inc (NASDAQ: HCTI) shares are trading higher after the company announced it acquired DevCool. "With the acquisition of DevCool, Healthcare Triangle will implement technological advan...

11 months ago - Benzinga

Healthcare Triangle (HCTI) Acquires DevCool, an Electronic Health Record (EHR) Focused Healthcare IT and Managed Serv...

Acquisition Expected to Add Approximately $20 Million in Revenues Acquisition Expected to Add Approximately $20 Million in Revenues

11 months ago - GlobeNewsWire

Healthcare Triangle (HCTI) Selected By Monument Health to Automate Document Processing

Healthcare Triangle, Inc. (HCTI) to provide Monument Health with critical support to unlock the data in the documents and gain a comprehensive view of patients' medical history Healthcare Triangle, Inc....

1 year ago - GlobeNewsWire

Healthcare Triangle Announces the appointment of Jason Polli as Vice President, Client Success for Healthcare Providers

PLEASANTON, Calif., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company") a leading provider of cloud and data transformation platform and solutions for he...

1 year ago - GlobeNewsWire

Healthcare Triangle to Present at Credit Suisse 30th Annual Healthcare Conference

PLEASANTON, Calif., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company"), a leading provider of cloud and data transformation solutions, today announced t...

1 year ago - GlobeNewsWire

Healthcare Triangle, Inc. to Present at the Emerging Growth Conference on November 10, 2021

PLEASANTON, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company"), a leading provider of cloud and data transformation solutions pleased to announc...

1 year ago - GlobeNewsWire

Healthcare Triangle: An Excellent Healthcare PaaS Opportunity

The increased penetration of technology in healthcare has been one of the most significant trends associated with the Covid-19 pandemic. As most healthcare providers now face a resource crunch combined ...

1 year ago - GuruFocus

Healthcare Triangle, Inc. What Does Cloud Adoption Look Like in Healthcare? CHIME Survey Reveals Key Trends

While 82% of healthcare IT executives surveyed by CHIME say their organizations rely on the cloud in some way, 47% say it's too early to pinpoint the value from their investment. While 82% of healthcare...

1 year ago - GlobeNewsWire

Healthcare Triangle Partners with Google Cloud to Accelerate Cloud Transformation for Healthcare and Life Sciences Or...

Premier Partner status enables Healthcare Triangle to accelerate cloud transformation, data management, analytics, and AI journey for healthcare and life sciences (HCLS) organizations. PLEASANTON, Calif.

Other symbols: GOOGGOOGL
1 year ago - Benzinga