Heart Test Laboratories Regains Nasdaq Compliance
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Heart Test Laboratories, Inc. (HSCS) has regained compliance with Nasdaq’s Minimum Stockholders’ Equity Requirement after addressing a previous non-compliance notice. The company received an extension to submit a compliance plan, which has now been accepted by Nasdaq. Analysts rate HSCS stock as a Hold with a $3.50 price target, but the company faces significant financial challenges, including losses and declining revenue. Technical analysis indicates mixed signals, and the stock has a low overall score due to poor valuation and lack of dividend yield.
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