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Healthcare Triangle, Inc. (HCTI)

NASDAQ Healthcare Medical - Healthcare Information Services
$0.78 ▲ +6.60%
Market Cap
$11.7M
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Beta
1.09
52-Wk Range
0.65-223.2
CEO
Lakshmanan Kannappan
Country
US
Currency
USD

Healthcare Triangle, Inc. operates in the Medical - Healthcare Information Services industry of the Healthcare sector, headquartered in Pleasanton, CA, US. The stock last traded at $0.78, up 6.60% on the session, giving a market capitalisation of $11.7M. On trailing twelve-month figures it carries a trailing P/E of -0.01, a net margin of -66.3%. Its beta of 1.09 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.01
Price / Sales
0.45
Price / Book
0.04
EV / EBITDA
-1.55
Gross margin
18.4%
Operating margin
-57.4%
Net margin
-66.3%
Return on equity
—
Debt / equity
0.26
Current ratio
0.60
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
40
IPO date
2021-10-13
Headquarters
Pleasanton, CA, US
About Healthcare Triangle, Inc.

Healthcare Triangle, Inc. (HCTI) is a technology firm dedicated to the healthcare sector, specializing in crafting innovative solutions across cloud services, data science, and professional and managed IT support. The company provides a comprehensive array of software, platforms, and services designed to empower healthcare and pharmaceutical organizations. These offerings help facilitate personalized treatment plans, accelerate precision medicine initiatives, drive innovation in drug discovery and development, foster collaborative research efforts, enable evidence-based decision-making, and streamline digital transformation. Among its proprietary software offerings are CloudEz, an enterprise platform streamlining multi-cloud migration and oversight, allowing clients to unify management of their private, hybrid, and public cloud environments. Another key platform is DataEz, a cloud-native solution providing robust data analytics and scientific data processing capabilities tailored for the life sciences, pharmaceutical, and healthcare provider sectors. Additionally, the company offers Readabl.AI, a Software-as-a-Service (SaaS) solution leveraging public cloud-based artificial intelligence and machine learning to intelligently identify and extract vital healthcare data from diverse documents such as faxes and narrative reports. Beyond its platforms, Healthcare Triangle delivers a range of cloud-centric IT services and specialized healthcare IT support. This includes the implementation, optimization, and integration of electronic health records (EHR) systems with community partners, comprehensive application managed services, and reliable public cloud-based backup and disaster recovery solutions. Its diverse client base spans healthcare providers, insurance carriers, pharmaceutical and life sciences firms, biotechnology companies, and medical device manufacturers. Established in 2019, Healthcare Triangle, Inc. operates out of Pleasanton, California, as a subsidiary of SecureKloud Technologies, Inc.

Comparable companies

Healthcare Triangle, Inc. is most often compared with the following Healthcare names:

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