Why is HCTI active in the penny stock market?

Healthcare Triangle (HCTI) is active in the penny stock market due to a combination of factors:

1. **Recent Strategic Moves**: HCTI has recently announced the grant of its request for a name change, which could be generating interest from investors looking for opportunities in the healthcare sector.
2. **Low Float and Penny-Stock Status**: HCTI has a low float, which makes it a relatively easy stock to manipulate and can attract investors looking for quick profits. Its penny-stock status also makes it appealing to retail investors seeking high-risk, high-reward opportunities.
3. **Retail Investment Sentiment**: The current retail investment frenzy has contributed to the surge in HCTI's stock price. Online traders have focused on the stock's low float and penny-stock status, driving up its price significantly.
4. **Meme Stock Activity**: HCTI has become a part of the meme stock rally, where retail investors use social media and online platforms to coordinate buying and selling strategies. This activity can lead to rapid and significant price fluctuations.

In summary, HCTI's activity in the penny stock market is likely a result of a combination of factors including recent strategic moves, low float, retail investment sentiment and meme stock activity.

|code|Ticker|Name|Date|Percentage Change|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|HCTI|HCTI.O|Healthcare Triangle|20250730|-40.5512|7.64080511E8|186|