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InterCure (NASDAQ:INCR) Trading Down 0.7% - Here's What Happened

InterCure logo with Medical background

InterCure Ltd. (NASDAQ:INCR - Get Free Report)'s stock price fell 0.7% on Wednesday . The stock traded as low as $1.61 and last traded at $1.61. 24,045 shares changed hands during trading, an increase of 31% from the average session volume of 18,333 shares. The stock had previously closed at $1.62.

InterCure Stock Down 0.1 %

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 1.78. The firm's fifty day moving average price is $1.64 and its two-hundred day moving average price is $1.71.

Institutional Investors Weigh In On InterCure

Institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in InterCure in the 3rd quarter valued at $43,000. Jane Street Group LLC purchased a new stake in InterCure during the third quarter worth about $49,000. Finally, Moore Capital Management LP purchased a new stake in InterCure during the fourth quarter worth about $156,000. Institutional investors and hedge funds own 8.34% of the company's stock.

About InterCure

(Get Free Report)

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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