Cambridge Investment Research Advisors Inc. Invests $118,000 in HeartCore Enterprises, Inc. (NASDAQ:HTCR)

Cambridge Investment Research Advisors Inc. acquired a new position in shares of HeartCore Enterprises, Inc. (NASDAQ:HTCR) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 157,179 shares of the company’s stock, valued at approximately $118,000. Cambridge Investment Research Advisors Inc. owned about 0.71% of HeartCore Enterprises at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. CreativeOne Wealth LLC acquired a new position in shares of HeartCore Enterprises during the 4th quarter worth about $78,000. Citadel Advisors LLC bought a new stake in shares of HeartCore Enterprises during the 4th quarter worth about $83,000. Finally, Renaissance Technologies LLC bought a new stake in shares of HeartCore Enterprises during the 4th quarter worth about $185,000. 1.71% of the stock is currently owned by institutional investors and hedge funds.

HeartCore Enterprises Stock Performance

Shares of HTCR stock opened at $0.47 on Tuesday. The company has a market capitalization of $10.35 million, a price-to-earnings ratio of -3.35 and a beta of 1.89. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.91 and a current ratio of 0.91. The company has a 50-day simple moving average of $0.54 and a 200 day simple moving average of $0.96. HeartCore Enterprises, Inc. has a 52 week low of $0.39 and a 52 week high of $3.38.

About HeartCore Enterprises

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.