HeartCore Enterprises Inc [NASDAQ: HTCR] price surged by 76.55 percent to reach at $0.55.
A sum of 27011251 shares traded at recent session while its average daily volume was at 1.05M shares. HeartCore Enterprises Inc shares reached a high of $1.66 and dropped to a low of $0.73 until finishing in the latest session at $1.28.
The one-year HTCR stock forecast points to a potential upside of 53.45. The average equity rating for HTCR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on HeartCore Enterprises Inc [HTCR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HTCR shares is $2.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HTCR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 8.57, with the Price to Cash per share for the same quarter was set at 0.21.
HTCR Stock Performance Analysis:
HeartCore Enterprises Inc [HTCR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 141.55. With this latest performance, HTCR shares gained by 161.12% in over the last four-week period, additionally sinking by -6.57% over the last 6 months – not to mention a drop of -29.48% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HTCR stock in for the last two-week period is set at 90.66, with the RSI for the last a single of trading hit 0.1785, and the three-weeks RSI is set at 0.1055 for HeartCore Enterprises Inc [HTCR]. The present Moving Average for the last 50 days of trading for this stock 0.5121, while it was recorded at 0.7372 for the last single week of trading, and 0.9723 for the last 200 days.
Insight into HeartCore Enterprises Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and HeartCore Enterprises Inc [HTCR] shares currently have an operating margin of 27.92% and a Gross Margin at 61.80%. HeartCore Enterprises Inc’s Net Margin is presently recorded at -0.62%.
HeartCore Enterprises Inc (HTCR) Capital Structure & Debt Analysis
According to recent financial data for HeartCore Enterprises Inc. ( HTCR), the Return on Equity (ROE) stands at -5.71%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -0.98%, reflecting the company’s efficiency in generating profits from its assets. Additionally, HeartCore Enterprises Inc’s Return on Invested Capital (ROIC) is -2.43%, showcasing its effectiveness in deploying capital for earnings.
HeartCore Enterprises Inc (HTCR) Efficiency & Liquidity Metrics
Based on HeartCore Enterprises Inc’s (HTCR) latest financial statements, the Debt-to-Equity Ratio is 0.79%, indicating its reliance on debt financing relative to shareholder equity.
HeartCore Enterprises Inc (HTCR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, HeartCore Enterprises Inc. (HTCR) effectively leverages its workforce, generating an average of -$15000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.22% and a Quick Ratio of 1.22%, indicating strong ability to cover short-term liabilities.
HTCR Stock EPS
With the latest financial reports released by the company, HeartCore Enterprises Inc posted 0.53/share EPS, while the average EPS was predicted by analysts to be reported at 0.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.1. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HTCR.
HeartCore Enterprises Inc [HTCR] Institutonal Ownership Details
There are presently around $0.82%, or 2.93%% of HTCR stock, in the hands of institutional investors. The top three institutional holders of HTCR stocks are: PROSPERITY FINANCIAL GROUP, INC. with ownership of 0.11 million shares, which is approximately 0.5227%. TWO SIGMA INVESTMENTS, LP, holding 44088.0 shares of the stock with an approximate value of $$30756.0 in HTCR stocks shares; and TWO SIGMA INVESTMENTS, LP, currently with $$26691.0 in HTCR stock with ownership which is approximately 0.1936%.
