Heart Test Laboratories Inc. [NASDAQ: HSCS] gained 9.10% on the last trading session, reaching $0.11 price per share at the time.
If compared to the average trading volume of 1.50M shares, HSCS reached a trading volume of 29166518 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Heart Test Laboratories Inc. [HSCS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HSCS shares is $0.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HSCS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Heart Test Laboratories Inc. is set at 0.01, with the Price to Sales ratio for HSCS stock in the period of the last 12 months amounting to 353.70. The Price to Book ratio for the last quarter was 0.80, with the Price to Cash per share for the same quarter was set at 0.11.
Trading performance analysis for HSCS stock
Heart Test Laboratories Inc. [HSCS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.83. With this latest performance, HSCS shares dropped by -10.08% in over the last four-week period, additionally sinking by -71.61% over the last 6 months – not to mention a drop of -87.88% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HSCS stock in for the last two-week period is set at 47.90, with the RSI for the last a single of trading hit 51.85, and the three-weeks RSI is set at 46.08 for Heart Test Laboratories Inc. [HSCS]. The present Moving Average for the last 50 days of trading for this stock 0.1172, while it was recorded at 0.1031 for the last single week of trading, and 0.3486 for the last 200 days.
Heart Test Laboratories Inc. [HSCS]: A deeper dive into fundamental analysis
Heart Test Laboratories Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.32 and a Current Ratio set at 4.71.
An analysis of Institutional ownership at Heart Test Laboratories Inc. [HSCS]
The top three institutional holders of HSCS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in HSCS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in HSCS stock with ownership which is approximately 5.8386%.
