HeartCore Enterprises (NASDAQ:HTCR) Shares Down 5.1%

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

HeartCore Enterprises Stock Down 5.1 %

The firm has a market capitalization of $13.83 million, a P/E ratio of -1.89 and a beta of 1.51. The firm’s 50 day moving average is $0.77 and its two-hundred day moving average is $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 announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.32). The firm had revenue of $5.05 million during the quarter, compared to the consensus estimate of $5.10 million. HeartCore Enterprises had a negative net margin of 40.78% and a negative return on equity of 67.51%. Research analysts predict that HeartCore Enterprises, Inc. will post 0.01 EPS 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.