HeartCore Enterprises, Inc. $HTCR Shares Sold by CreativeOne Wealth LLC

CreativeOne Wealth LLC trimmed its position in shares of HeartCore Enterprises, Inc. (NASDAQ:HTCR) by 65.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,486 shares of the company’s stock after selling 121,257 shares during the quarter. CreativeOne Wealth LLC owned approximately 0.27% of HeartCore Enterprises worth $31,000 at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Zacks Research downgraded HeartCore Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Wall Street Zen upgraded shares of HeartCore Enterprises to a “hold” rating in a report on Saturday, October 25th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of HeartCore Enterprises in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

HeartCore Enterprises Stock Up 1.0%

HTCR opened at $0.48 on Tuesday. The firm has a market cap of $12.07 million, a P/E ratio of -0.78 and a beta of 1.94. The business’s fifty day simple moving average is $0.73 and its 200 day simple moving average is $0.67. HeartCore Enterprises, Inc. has a 52 week low of $0.39 and a 52 week high of $3.38. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.20.

HeartCore Enterprises (NASDAQ:HTCR) last announced its earnings results on Tuesday, November 18th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.10). HeartCore Enterprises had a negative net margin of 67.96% and a negative return on equity of 252.45%. The firm had revenue of $2.99 million during the quarter, compared to analyst estimates of $6.90 million. As a group, equities research analysts anticipate that HeartCore Enterprises, Inc. will post 0.39 EPS for the current fiscal year.

HeartCore Enterprises Announces Dividend

The company also recently disclosed a special dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 10th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, November 10th.

HeartCore Enterprises 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.