HeartCore Enterprises, Inc. (HTCR) To Go Ex-Dividend on November 10th

HeartCore Enterprises, Inc. (NASDAQ:HTCR) declared a special dividend on Monday, October 20th. Stockholders of record on Monday, November 10th will be paid a dividend of 0.13 per share on Monday, November 17th. The ex-dividend date is Monday, November 10th.

HeartCore Enterprises Trading Up 17.6%

HeartCore Enterprises stock opened at $0.83 on Wednesday. HeartCore Enterprises has a 1 year low of $0.39 and a 1 year high of $3.38. The firm’s 50 day moving average price is $0.87 and its two-hundred day moving average price is $0.66. The firm has a market cap of $19.35 million, a price-to-earnings ratio of -82.92 and a beta of 1.91. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.26 and a current ratio of 1.26.

HeartCore Enterprises (NASDAQ:HTCR) last announced its earnings results on Wednesday, August 13th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.12. The company had revenue of $4.70 million for the quarter, compared to analyst estimates of $5.27 million. HeartCore Enterprises had a positive return on equity of 141.93% and a negative net margin of 0.62%. On average, research analysts predict that HeartCore Enterprises will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research downgraded shares of HeartCore Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings restated a “sell (d)” rating on shares of HeartCore Enterprises in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, HeartCore Enterprises currently has a consensus rating of “Reduce”.

About HeartCore Enterprises

HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.