HeartCore Enterprises (NASDAQ:HTCR – Get Free Report) posted its earnings results on Thursday. The company reported ($1.45) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($1.85), FiscalAI reports. The firm had revenue of ($0.69) million during the quarter, compared to the consensus estimate of $6.20 million.
HeartCore Enterprises Stock Performance
Shares of NASDAQ:HTCR traded up $0.10 during trading on Friday, hitting $2.56. 13,970 shares of the company were exchanged, compared to its average volume of 53,123. HeartCore Enterprises has a 52-week low of $2.01 and a 52-week high of $33.40. The stock has a 50 day moving average of $2.87 and a 200 day moving average of $3.75. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $3.69 million, a PE ratio of -1.12 and a beta of 1.65.
Institutional Trading of HeartCore Enterprises
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC boosted its stake in HeartCore Enterprises by 306.7% in the 3rd quarter. Virtu Financial LLC now owns 44,829 shares of the company’s stock worth $36,000 after purchasing an additional 33,807 shares during the period. XTX Topco Ltd bought a new stake in shares of HeartCore Enterprises during the fourth quarter valued at about $28,000. Finally, Jane Street Group LLC lifted its holdings in shares of HeartCore Enterprises by 85.7% in the fourth quarter. Jane Street Group LLC now owns 113,176 shares of the company’s stock worth $35,000 after buying an additional 52,217 shares in the last quarter. 1.71% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on HTCR
HeartCore Enterprises Company Profile
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. The company also operates a digital transformation business that offers customers with robotics process automation, process mining, and task mining to accelerate the digital transformation of enterprises.
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