HeartCore Enterprises (NASDAQ:HTCR) Stock Price Up 4.9% – Here’s What Happened

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

HeartCore Enterprises Price Performance

The business has a 50-day simple moving average of $1.38 and a 200 day simple moving average of $0.96. The stock has a market cap of $59.44 million, a P/E ratio of 11.83 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.

Insider Activity

In other HeartCore Enterprises news, VP Keisuke Kuno sold 26,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $1.27, for a total value of $33,020.00. Following the completion of the sale, the vice president now owns 75,785 shares in the company, valued at approximately $96,246.95. This trade represents a 25.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 64.20% of the stock is currently owned by company insiders.

About HeartCore Enterprises

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.