Stocks of HeartCore Enterprises Inc (NASDAQ:HTCR) traded higher last session on Wall Street, up 14.14% to $1.13.
HTCR stock price is now 54.39% away from the 50-day moving average and 51.13% away from the 200-day moving average. The market capitalization of the company currently stands at $23.57M.
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In other news, Kuno Keisuke, CX Division Vice President bought 26,000 shares of the company’s stock on Nov 16 ’23. The stock was bought for $15,340 at an average price of $0.59. Upon completion of the transaction, the CX Division Vice President now directly owns 92,430 shares in the company, valued at $0.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 16 ’23, Chief Operating Officer Hosaka Kimio bought 6,000 shares of the business’s stock. A total of $3,000 was incurred on buying the stock at an average price of $0.50. This leaves the insider owning 107,124 shares of the company worth $0.12 million. A total of 75.39% of the company’s stock is owned by insiders.
During the past 12 months, HeartCore Enterprises Inc has had a low of $0.36 and a high of $1.25. As of last week, the company has a debt-to-equity ratio of 2.84, a current ratio of 0.72, and a quick ratio of 0.72. The fifty day moving average price for HTCR is $0.73194 and a two-hundred day moving average price translates $0.747725 for the stock.
The latest earnings results from HeartCore Enterprises Inc (NASDAQ: HTCR) was released for 2024-06-30. The net profit margin was -49.30% and return on equity was -145.16% for HTCR. The company reported revenue of $4.07 million for the quarter, compared to $5.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.2 percent.
