HeartCore Enterprises (NASDAQ:HTCR) Trading Down 5.1%

HeartCore Enterprises, Inc. (NASDAQ:HTCR)’s stock price fell 5.1% during mid-day trading on Wednesday . The stock traded as low as $0.63 and last traded at $0.66. 12,320 shares were traded during trading, a decline of 72% from the average session volume of 44,165 shares. The stock had previously closed at $0.70.

HeartCore Enterprises Price Performance

The company has a market cap of $13.83 million, a PE ratio of -1.89 and a beta of 1.51. The stock has a fifty day moving average price of $0.77 and a 200-day moving average price of $0.74. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.82 and a quick ratio of 0.82.

HeartCore Enterprises (NASDAQ:HTCR) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.32). HeartCore Enterprises had a negative net margin of 40.78% and a negative return on equity of 67.51%. The business had revenue of $5.05 million for the quarter, compared to analyst estimates of $5.10 million. On average, equities analysts expect that HeartCore Enterprises, Inc. will post 0.01 earnings per share for the current year.

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.