Heart Test Laboratories (NASDAQ:HSCS) Releases Earnings Results, Beats Expectations By $0.03 EPS

Heart Test Laboratories (NASDAQ:HSCSGet Free Report) posted its earnings results on Monday. The company reported ($2.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.30) by $0.03, Zacks reports. During the same period in the prior year, the firm earned ($15.92) earnings per share.

Heart Test Laboratories Trading Up 2.2 %

NASDAQ:HSCS opened at $3.85 on Tuesday. Heart Test Laboratories has a 12 month low of $2.36 and a 12 month high of $18.50. The company has a current ratio of 4.49, a quick ratio of 4.02 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $3.25 and a 200-day moving average price of $3.80. The stock has a market cap of $3.52 million, a price-to-earnings ratio of -0.18 and a beta of 3.23.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets reiterated a “buy” rating and issued a $15.00 price objective on shares of Heart Test Laboratories in a research report on Monday, September 23rd.

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About Heart Test Laboratories

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Heart Test Laboratories, Inc, a medical technology company, provides cardiovascular diagnostic devices. The company offers MyoVista wavECG, a resting 12-lead electrocardiograph (ECG) to provide diagnostic information related to cardiac dysfunction, as well as conventional ECG information. It serves clinics, doctor's offices, urgent care centers, and hospitals.

See Also

Earnings History for Heart Test Laboratories (NASDAQ:HSCS)

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