Heart Tronics Stock Today

HRTT Stock  USD 0  0.00  0.00%   

Performance

0 of 100

 
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Odds Of Distress

Over 89

 
High
 
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Very High
Heart Tronics is selling for under 0.001 as of the 18th of April 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.001. Heart Tronics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Heart Tronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Heart Tronics, Inc., a medical device company, engages in the research, development, and marketing of medical devices in the United States. Heart Tronics, Inc. was incorporated in 1987 is headquartered in Studio City, California. Heart Tronics operates under Medical Devices classification in the United States and is traded on OTC Exchange. The company has 0 outstanding shares of which 29 shares are currently shorted by private and institutional investors with about 1081.81 trading days to cover. More on Heart Tronics

Heart Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Heart Tronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Heart Tronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOWillie Gault
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Financial Strength
Based on the key indicators related to Heart Tronics' liquidity, profitability, solvency, and operating efficiency, Heart Tronics is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Heart Tronics is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0460.0484
Notably Down
Slightly volatile
Gross Profit Margin0.730.7
Sufficiently Up
Slightly volatile
Total Current Liabilities817.9 K985.3 K
Significantly Down
Very volatile
Total Assets4.8 M4.7 M
Fairly Up
Slightly volatile
Total Current Assets574.5 K604.7 K
Notably Down
Slightly volatile
Heart Tronics (HRTT) is traded on OTCCE Exchange in USA and employs 13 people. Heart Tronics is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.92 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Heart Tronics's market, we take the total number of its shares issued and multiply it by Heart Tronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Heart Tronics conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 0 outstanding shares of which 29 shares are currently shorted by private and institutional investors with about 1081.81 trading days to cover. Heart Tronics currently holds about 2.39 K in cash with (5.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Heart Tronics Probability Of Bankruptcy

Heart Stock Against Markets

Picking the right benchmark for Heart Tronics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Heart Tronics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Heart Tronics is critical whether you are bullish or bearish towards Heart Tronics at a given time. Please also check how Heart Tronics' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Heart Tronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Heart Tronics Corporate Directors

Heart Tronics corporate directors refer to members of a Heart Tronics board of directors. The board of directors generally takes responsibility for the Heart Tronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Heart Tronics' board members must vote for the resolution. The Heart Tronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert KoblinDirectorProfile
Jennifer BlackDirectorProfile
Rowland PerkinsChief Admin. Officer and DirectorProfile
James MazeikaDirector DevelopmentProfile

How to buy Heart Stock?

Before investing in Heart Tronics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Heart Tronics. To buy Heart Tronics stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Heart Tronics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Heart Tronics stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Heart Tronics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Heart Tronics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Heart Tronics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Heart Stock please use our How to Invest in Heart Tronics guide.

Already Invested in Heart Tronics?

The danger of trading Heart Tronics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Heart Tronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Heart Tronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Heart Tronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Heart Tronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heart Tronics Stock. Highlighted below are key reports to facilitate an investment decision about Heart Tronics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heart Tronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Heart Stock please use our How to Invest in Heart Tronics guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Heart Stock analysis

When running Heart Tronics' price analysis, check to measure Heart Tronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heart Tronics is operating at the current time. Most of Heart Tronics' value examination focuses on studying past and present price action to predict the probability of Heart Tronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heart Tronics' price. Additionally, you may evaluate how the addition of Heart Tronics to your portfolios can decrease your overall portfolio volatility.
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Is Heart Tronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heart Tronics. If investors know Heart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heart Tronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.95)
Return On Assets
(3.03)
Return On Equity
(9.78)
The market value of Heart Tronics is measured differently than its book value, which is the value of Heart that is recorded on the company's balance sheet. Investors also form their own opinion of Heart Tronics' value that differs from its market value or its book value, called intrinsic value, which is Heart Tronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heart Tronics' market value can be influenced by many factors that don't directly affect Heart Tronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heart Tronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heart Tronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heart Tronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.