Shares of InterCure Ltd. (NASDAQ:INCR - Get Free Report) shot up 3.5% during mid-day trading on Tuesday . The company traded as high as $1.33 and last traded at $1.33. 4,407 shares traded hands during trading, a decline of 87% from the average session volume of 34,804 shares. The stock had previously closed at $1.28.
InterCure Price Performance
The stock has a fifty day moving average of $1.49 and a 200-day moving average of $1.56. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15.
Hedge Funds Weigh In On InterCure
A number of hedge funds have recently added to or reduced their stakes in INCR. Moore Capital Management LP purchased a new position in InterCure during the 4th quarter worth $156,000. Virtu Financial LLC bought a new position in shares of InterCure during the 3rd quarter worth $43,000. Finally, Jane Street Group LLC purchased a new position in shares of InterCure during the third quarter valued at $49,000. 8.34% of the stock is currently owned by institutional investors.
InterCure Company Profile
(
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InterCure Ltd., together with its subsidiaries, engages in the research, cultivation, production, and distribution of pharmaceutical-grade cannabis and cannabis-based products for medical use in Israel and internationally. The company offers dried cannabis inflorescences and cannabis extract mixed with oil.
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