InterCure (NASDAQ:INCR) Trading 1% Higher

Shares of InterCure Ltd. (NASDAQ:INCR) traded up 1% during trading on Monday . The stock traded as high as $2.16 and last traded at $2.03. 70,464 shares were traded during mid-day trading, a decline of 4% from the average session volume of 73,210 shares. The stock had previously closed at $2.01.

InterCure Trading Up 1.0 %

The firm has a market cap of $92.51 million, a P/E ratio of 15.62 and a beta of 1.51. The company has a quick ratio of 1.38, a current ratio of 1.85 and a debt-to-equity ratio of 0.23. The firm’s 50-day simple moving average is $2.77 and its 200 day simple moving average is $2.14.

Institutional Trading of InterCure

A hedge fund recently bought a new stake in InterCure stock. Tidal Investments LLC purchased a new stake in InterCure Ltd. (NASDAQ:INCR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 325,741 shares of the company’s stock, valued at approximately $883,000. Tidal Investments LLC owned 0.71% of InterCure as of its most recent SEC filing. Hedge funds and other institutional investors own 8.34% of the company’s stock.

About InterCure

InterCure Ltd., together with its subsidiaries, engages in the research, cultivation, production, and distribution of pharmaceutical-grade cannabis and cannabis-based products for medical use in Israel and internationally. The company offers dried cannabis inflorescences and cannabis extract mixed with oil.