The stock of Advanced Health Intelligence Ltd. (NASDAQ:AHI) decreased by -$0.26 on Friday to finish at $3.97, down -6.15 percent. The last five days have seen an average of 438,812 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $2.41. The average number of shares traded over the last 20 days was 2,667,188, while the average volume over the last 50 days totaled 3,237,036.
AHI stock dropped -5.48% since last month. On 08/01/23, the company’s shares reached a one-month low of $3.04. The stock touched a high of $15.52 on 06/12/23, after rallying from a low of $0.64 in 52 weeks. The price of AHI stock has risen by 142.07% or $2.41 this year, reaching a new high 13 times. Still, the stock price is down -74.42% from the 52-week high.
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Valuation Metrics
Beta for the stock is 3.38. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 57.25, the price-to-book (PB) ratio of 1.38.
Financial Health
For the recent quarter, Advanced Health Intelligence Ltd.’s quick ratio was 0.90, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.05, and the total debt to equity ratio is 0.34. Based on annual data, it had gross profit of $15.53 million and revenue of $0.32 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -228.70% return on investment (ROI) in the past year.
Earnings Surprise
Net income for the quarter came in at $0.44 million, while revenues rose by 100.0% to $0.0. At the end of Advanced Health Intelligence Ltd.’s most recent quarter, its liabilities totaled 3.4 million, while its total debt was $2.11 million.
Technical Picture
Here’s a quick look at Advanced Health Intelligence Ltd.’s (AHI) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 51.35%, suggesting the stock is Neutral, with a 183.47% historical volatility rate.
The stochastic %K and %D were 49.08% and 51.58% respectively, while the average true range (ATR) was 0.63. Based on the 14-day stochastic reading of 46.33%, the RSI (14) reading is 51.10%. On the 9-day MACD Oscillator, the stock is at 0.10, and the 14-day reading is at 0.28.
Analyst Ratings
Analysts have assigned Advanced Health Intelligence Ltd. (AHI) an Buy rating. AHI is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is AHI’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.00 and $3.00, with a median target price of $3.00. In analyzing these forecasts, the average price target given by analysts for Advanced Health Intelligence Ltd. (AHI) is $3.00.
