Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / HCTI - Healthcare Triangle's buyback plan sends stock up 80% to $1.62

HCTI - Healthcare Triangle's buyback plan sends stock up 80% to $1.62

Healthcare Triangle Inc.
Penny stock Healthcare Triangle (NASDAQ:HCTI) shot up over 80% in the premarket trading right after the company announced it has received Board's approval to repurchase up to $2M of its shares. Chairman and CEO Suresh Venkatachari said: "With the growth momentum in our cloud based platform and managed services business, we believe we are poised for a strong 2022 in our healthcare and life sciences businesses as we look to expand our footprint across North America and the international markets. We strongly believe there is a disconnect between our current share price and the intrinsic value of our common stock, based on what we believe to be Healthcare Triangle’s future earnings potential.” Earlier: Healthcare Triangle GAAP EPS of -$0.06 misses by $0.01, revenue of $11.1M beats by $0.7M

For further details see:

Healthcare Triangle's buyback plan sends stock up 80% to $1.62
Stock Information
Company Name: Healthcare Triangle Inc.
Stock Symbol: HCTI
Market: OTC
Website: healthcaretriangle.com
Menu
HCTI HCTI Quote HCTI Short HCTI News HCTI Articles HCTI Message Board
Get HCTI Alerts

News, Short Squeeze, Breakout and More Instantly...