Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of HeartCore Enterprises Inc (NASDAQ: HTCR) closed at $1.49 in the last session, down -12.35% from day before closing price of $1.70. In other words, the price has decreased by -$12.35 from its previous closing price. On the day, 0.25 million shares were traded. HTCR stock price reached its highest trading level at $1.6902 during the session, while it also had its lowest trading level at $1.465.
Ratios:
We take a closer look at HTCR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.27.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 19 ’24 when Kuno Keisuke sold 26,000 shares for $1.27 per share. The transaction valued at 32,980 led to the insider holds 75,785 shares of the business.
Keisuke Kuno bought 26,000 shares of HTCR for $29,380 on Nov 18 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTCR now has a Market Capitalization of 31191362 and an Enterprise Value of 31909774. As of this moment, HeartCore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.32, and their Forward P/E ratio for the next fiscal year is 13.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 1.863 whereas that against EBITDA is -4.994.
Stock Price History:
The Beta on a monthly basis for HTCR is 1.76, which has changed by 2.136842 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, HTCR has reached a high of $3.38, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -2.67%, while the 200-Day Moving Average is calculated to be 52.18%.
Shares Statistics:
According to the various share statistics, HTCR traded on average about 466.94K shares per day over the past 3-months and 477210 shares per day over the past 10 days. A total of 20.86M shares are outstanding, with a floating share count of 5.13M. Insiders hold about 75.48% of the company’s shares, while institutions hold 0.86% stake in the company. Shares short for HTCR as of 1730332800 were 101442 with a Short Ratio of 0.11, compared to 1727654400 on 13049. Therefore, it implies a Short% of Shares Outstanding of 101442 and a Short% of Float of 1.97.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $5.87M. There is a high estimate of $5.87M for the next quarter, whereas the lowest estimate is $5.87M.
A total of 1 analysts have provided revenue estimates for HTCR’s current fiscal year. The highest revenue estimate was $32.83M, while the lowest revenue estimate was $32.83M, resulting in an average revenue estimate of $32.83M. In the same quarter a year ago, actual revenue was $21.85MBased on 2 analysts’ estimates, the company’s revenue will be $24.7M in the next fiscal year. The high estimate is $27.51M and the low estimate is $21.89M.