HeartCore Enterprises (NASDAQ:HTCR) Trading Up 4.9% – Here’s What Happened

Posted by Doug Madison on Jan 2nd, 2025

HeartCore Enterprises, Inc. (NASDAQ:HTCR – Get Free Report)’s share price was up 4.9% during trading on Tuesday . The stock traded as high as $1.87 and last traded at $1.82. Approximately 282,824 shares traded hands during trading, an increase of 190% from the average daily volume of 97,469 shares. The stock had previously closed at $1.73.

HeartCore Enterprises Stock Up 56.5 %

The firm has a market cap of $59.44 million, a P/E ratio of 11.83 and a beta of 1.78. The business has a fifty day moving average of $1.38 and a 200 day moving average of $0.96. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10.

Insider Buying and Selling

In other news, VP Keisuke Kuno sold 26,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $1.27, for a total value of $33,020.00. Following the transaction, the vice president now owns 75,785 shares of the company’s stock, valued at approximately $96,246.95. This represents a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 64.20% of the stock is owned by corporate insiders.

HeartCore Enterprises Company Profile

(Get Free Report)

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.