A new trading day began on Tuesday, with HeartCore Enterprises Inc (NASDAQ: HTCR) stock price down -6.69% from the previous day of trading, before settling in for the closing price of $0.75. HTCR’s price has ranged from $0.33 to $2.88 over the past 52 weeks.
During the last 5-year period, the sales drop of Technology Sector giant was -2.27%. Meanwhile, its annual earnings per share averaged 57.14%. With a float of $5.96 million, this company’s outstanding shares have now reached $23.31 million.
HeartCore Enterprises Inc (HTCR) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. 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) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.53 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months).
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
Here are HeartCore Enterprises Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55.
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)
Looking closely at HeartCore Enterprises Inc (NASDAQ: HTCR), its last 5-days average volume was 0.46 million, which is a drop from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 38.05%.
During the past 100 days, HeartCore Enterprises Inc’s (HTCR) raw stochastic average was set at 24.17%, which indicates a significant increase from 13.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0548 in the past 14 days, which was lower than the 0.0858 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8574, while its 200-day Moving Average is $0.7944. However, in the short run, HeartCore Enterprises Inc’s stock first resistance to watch stands at $0.7229. Second resistance stands at $0.7458. The third major resistance level sits at $0.7718. If the price goes on to break the first support level at $0.6740, it is likely to go to the next support level at $0.6480. Now, if the price goes above the second support level, the third support stands at $0.6251.
HeartCore Enterprises Inc (NASDAQ: HTCR) Key Stats
With a market capitalization of 16.32 million, the company has a total of 23,311K Shares Outstanding. Currently, annual sales are 30,410 K while annual income is -1,480 K. The company’s previous quarter sales were 4,740 K while its latest quarter income was 1,100 K.
