Healthcare Triangle ( (HCTI) ) has released a notification of late filing.
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Healthcare Triangle, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is attributed to the need for additional time to complete the final review of its financial statements and other disclosures. The company has assured stakeholders that the report will be filed within five calendar days following the prescribed due date. Importantly, Healthcare Triangle does not anticipate any significant changes in its financial results compared to the previous fiscal period. The company remains committed to maintaining compliance and transparency, with the notification signed by Chief Financial Officer, David Ayanoglou.
Spark’s Take on HCTI Stock
According to Spark, TipRanks’ AI Analyst, HCTI is a Underperform.
Healthcare Triangle is currently in a challenging financial position with negative revenue growth, persistent losses, and negative equity. The technical analysis further highlights a bearish trend, with the stock trading below key moving averages. Valuation metrics are poor, with a negative P/E ratio and no dividend yield. While the new CFO appointment is a positive corporate event, it is not sufficient to offset the overall negative outlook.
To see Spark’s full report on HCTI stock, click here.
More about Healthcare Triangle
Average Trading Volume: 6,003,993
Technical Sentiment Signal: Sell
Current Market Cap: $8.63M
For a thorough assessment of HCTI stock, go to TipRanks’ Stock Analysis page.