HeartCore Enterprises (HTCR) to Release Earnings on Monday

HeartCore Enterprises (NASDAQ:HTCR) is expected to be releasing its results before the market opens on Monday, March 30th. Analysts expect HeartCore Enterprises to post earnings of $0.02 per share and revenue of $7.30 million for the quarter.

HeartCore Enterprises Stock Performance

Shares of NASDAQ HTCR opened at $0.23 on Friday. HeartCore Enterprises has a 12 month low of $0.22 and a 12 month high of $1.67. The company has a market cap of $5.75 million, a P/E ratio of -0.37 and a beta of 1.96. The business’s 50 day moving average is $0.26 and its two-hundred day moving average is $0.50. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in shares of HeartCore Enterprises during the 4th quarter worth about $28,000. Jane Street Group LLC boosted its position in HeartCore Enterprises by 85.7% in the fourth quarter. Jane Street Group LLC now owns 113,176 shares of the company’s stock valued at $35,000 after buying an additional 52,217 shares in the last quarter. Finally, Virtu Financial LLC grew its stake in HeartCore Enterprises by 306.7% during the third quarter. Virtu Financial LLC now owns 44,829 shares of the company’s stock worth $36,000 after buying an additional 33,807 shares during the last quarter. 1.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of HeartCore Enterprises in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

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. The company also operates a digital transformation business that offers customers with robotics process automation, process mining, and task mining to accelerate the digital transformation of enterprises.