As of Friday close, Advanced Health Intelligence Ltd.’s (NASDAQ:AHI) stock was up $0.45, moving up 11.78 percent to $4.27. The average number of shares traded per day over the past five days has been 8,034,980 shares. 3 times new highs have been achieved over the past 5 days, with a $0.71 gain in that time frame. In the last twenty days, the average volume was 2,609,785, while in the previous 50 days, it was 3,177,269.
Since last month, AHI stock retreated -13.56%. Shares of the company fell to $3.04 on 08/01/23, the lowest level in the past month. A 52-week high of $15.52 was reached on 06/12/23 after having rallying from a 52-week low of $0.64. Since the beginning of this year, AHI’s stock price has risen by 160.37% or $2.63, and marked a new high 13 times. However, the stock has declined by -72.49% since its 52-week high.
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Valuation Metrics
The stock’s beta is 3.47. Besides these, the trailing price-to-sales (P/S) ratio of 59.64, the price-to-book (PB) ratio of 1.44.
Financial Health
In the recent quarter, Advanced Health Intelligence Ltd.’s quick ratio stood at 0.90, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.05, and the total debt-to-equity ratio was 0.33. Based on annual data, AHI earned $15.53 million in gross profit and brought in $0.32 million in revenue.
AHI’s revenue rose 100.0% during the quarter, while net income inched up to $0.44 million. The liabilities of Advanced Health Intelligence Ltd. were 3.4 million at the end of its most recent quarter, and its total debt was $2.11 million.
Technical Picture
This quick technical analysis looks at Advanced Health Intelligence Ltd.’s (AHI) price momentum. With a historical volatility rate of 166.27%, the RSI 9-day stood at 57.57% on 04 August.
With respect to its five-day moving average, the current Advanced Health Intelligence Ltd. price is up by +19.94% percent or $0.71. At present, AHI shares trade -13.56% below its 20-day simple moving average and +154.89% percent above its 100-day simple moving average. However, the stock is currently trading approximately +238.89% above its SMA50 and +126.69% above its SMA200.
Stochastic coefficient K was 54.41% and Stochastic coefficient D was 37.27%, while ATR was 0.77. Given the Stochastic reading of 56.42% for the 14-day period, the RSI (14) reading has been calculated as 53.94%. As of today, the MACD Oscillator reading stands at 0.15, while the 14-day reading stands at 0.11.
Analyst Ratings
Advanced Health Intelligence Ltd. (AHI) has been rated Buy by analysts. According to 0 brokerage firms, AHI is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Advanced Health Intelligence Ltd. stock as buy, with 1 recommending it as overweight.
With a median target price of $3.00, the current consensus forecast for the stock is $3.00 – $3.00. Based on these forecasts, analysts predict Advanced Health Intelligence Ltd. (AHI) will achieve an average price target of $3.00.
