During the recent session, HeartCore Enterprises Inc (NASDAQ:HTCR)’s traded shares were 0.68 million, with the beta value of the company hitting 1.76. At the last check today, the stock’s price was $2.65, reflecting an intraday gain of 46.01% or $0.83. The 52-week high for the HTCR share is $1.89, that puts it up 28.68 from that peak though still a striking 83.02% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $55.46M, and the average intraday trading volume over the past 10 days was 0.26 million shares, and the average trade volume was 269.55K shares over the past three months.
HeartCore Enterprises Inc (NASDAQ:HTCR) trade information
HeartCore Enterprises Inc (HTCR) registered a 46.01% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 46.01% in intraday trading to $2.65, hitting a weekly high. The stock’s 5-day price performance is 94.85%, and it has moved by 54.07% in 30 days. Based on these gigs, the overall price performance for the year is 292.13%. The short interest in HeartCore Enterprises Inc (NASDAQ:HTCR) is 0.1 million shares and it means that shorts have 0.27 day(s) to cover.
HeartCore Enterprises Inc (HTCR) estimates and forecasts
Statistics show that HeartCore Enterprises Inc has outperformed its competitors in share price, compared to the industry in which it operates. HeartCore Enterprises Inc (HTCR) shares have gone up 304.58% during the last six months, with a year-to-date growth rate more than the industry average at 360.00% against 35.10. In the rating firms’ projections, revenue will increase 50.29% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.87M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 5.87M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -34.25%. While earnings are projected to return 311.90% in 2025.
HTCR Dividends
HeartCore Enterprises Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for HeartCore Enterprises Inc is 0.04, with the dividend yield indicating at 1.51 percent, continuing the trend of increasing dividends in recent years.
HeartCore Enterprises Inc (NASDAQ:HTCR)’s Major holders
HeartCore Enterprises Inc insiders own 75.14% of total outstanding shares while institutional holders control 0.85%, with the float percentage being 3.44%. PROSPERITY FINANCIAL GROUP, INC. is the largest shareholder of the company, while 5.0 institutions own stock in it. As of 2024-06-30, the company held over 0.11 million shares (or 0.5227% of all shares), a total value of $76038.0 in shares.
The next largest institutional holding, with 44088.0 shares, is of TWO SIGMA INVESTMENTS, LP’s that is approximately 0.2114% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $30756.0.
