A look at HeartCore Enterprises Inc’s (HTCR) recent performance gives investors their first glimpse of hope.

Steve Mayer

HeartCore Enterprises Inc (NASDAQ: HTCR) on Friday, soared 7.23% from the previous trading day, before settling in for the closing price of $0.75. Within the past 52 weeks, HTCR’s price has moved between $0.39 and $3.38.

Technology Sector giant saw their annual sales slid by -2.27% over the last five years. The company achieved an average annual earnings per share of 57.14%. With a float of $5.96 million, this company’s outstanding shares have now reached $23.31 million.

The firm has a total of 12 workers. Let’s measure their productivity.

HeartCore Enterprises Inc (HTCR) Insider Activity

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of HeartCore Enterprises Inc is 74.42%, while institutional ownership is 0.82%. The most recent insider transaction that took place on May 30 ’25, was worth 42,000. In this transaction 10% Owner of this company sold 60,000 shares at a rate of $0.70, taking the stock ownership to the 2,201,756 shares. Before that another transaction happened on May 29 ’25, when Company’s 10% Owner sold 50,000 for $0.67, making the entire transaction worth $33,440. This insider now owns 2,261,756 shares in total.

HeartCore Enterprises Inc (HTCR) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.53 earnings per share (EPS) for the period topping the consensus outlook (set at 0.43) by 0.1.

According to the Wall Street analysts, stocks earnings will be around 57.14% per share during the next fiscal year.

HeartCore Enterprises Inc (NASDAQ: HTCR) Trading Performance Indicators

HeartCore Enterprises Inc (HTCR) is currently performing well based on its current performance indicators. A quick ratio of 1.22 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.01, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.09 in one year’s time.

Technical Analysis of HeartCore Enterprises Inc (HTCR)

Analysing the last 5-days average volume posted by the [HeartCore Enterprises Inc, HTCR], we can find that recorded value of 0.61 million was lower than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 37.49%.

During the past 100 days, HeartCore Enterprises Inc’s (HTCR) raw stochastic average was set at 32.71%, which indicates a significant decrease from 57.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0765 in the past 14 days, which was lower than the 0.0839 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9008, while its 200-day Moving Average is $0.8207. Now, the first resistance to watch is $0.8739. This is followed by the second major resistance level at $0.9384. The third major resistance level sits at $1.0069. If the price goes on to break the first support level at $0.7409, it is likely to go to the next support level at $0.6724. Should the price break the second support level, the third support level stands at $0.6079.

HeartCore Enterprises Inc (NASDAQ: HTCR) Key Stats

Market capitalization of the company is 18.86 million based on 23,311K outstanding shares. Right now, sales total 30,410 K and income totals -1,480 K. The company made 4,740 K in profit during its latest quarter, and 1,100 K in sales during its previous quarter.

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