HeartCore Enterprises, Inc. (NASDAQ:HTCR) Short Interest Update

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 101,400 shares, a growth of 240.3% from the October 15th total of 29,800 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average trading volume of 170,200 shares, the short-interest ratio is currently 0.6 days.

HeartCore Enterprises Trading Up 11.3 %

Shares of HeartCore Enterprises stock traded up $0.12 during trading hours on Tuesday, reaching $1.18. 98,321 shares of the company’s stock were exchanged, compared to its average volume of 78,819. HeartCore Enterprises has a 52-week low of $0.43 and a 52-week high of $1.55. The company has a fifty day moving average of $0.89 and a 200-day moving average of $0.79. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $24.62 million, a price-to-earnings ratio of -2.95 and a beta of 1.47.

HeartCore Enterprises (NASDAQ:HTCR) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.09) EPS for the quarter. The business had revenue of $4.07 million during the quarter, compared to analysts’ expectations of $5.90 million. HeartCore Enterprises had a negative net margin of 49.30% and a negative return on equity of 104.23%. Sell-side analysts forecast that HeartCore Enterprises will post 0.25 EPS for the current fiscal 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.