HeartCore Enterprises (NASDAQ:HTCR) Shares Up 4.9% – Should You Buy?

HeartCore Enterprises, Inc. (NASDAQ:HTCR) shares rose 4.9% on Tuesday . The stock traded as high as $1.87 and last traded at $1.82. Approximately 282,824 shares traded hands during mid-day trading, an increase of 190% from the average daily volume of 97,469 shares. The stock had previously closed at $1.73.

HeartCore Enterprises Trading Up 4.9 %

The company has a market cap of $37.99 million, a PE ratio of 7.56 and a beta of 1.78. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.10. The firm has a fifty day moving average of $1.37 and a two-hundred day moving average of $0.96.

Insider Activity

In other news, VP Keisuke Kuno sold 26,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $1.27, for a total transaction of $33,020.00. Following the sale, the vice president now directly owns 75,785 shares in the company, valued at $96,246.95. This represents a 25.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 64.20% of the company’s stock.

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.