Shares of InterCure Ltd. (NASDAQ:INCR - Get Free Report) dropped 3.5% during mid-day trading on Tuesday . The company traded as low as $1.49 and last traded at $1.50. Approximately 34,007 shares changed hands during trading, an increase of 31% from the average daily volume of 25,980 shares. The stock had previously closed at $1.55.
InterCure Trading Up 0.7%
The stock's 50-day moving average price is $1.53 and its 200-day moving average price is $1.54. The company has a current ratio of 1.73, a quick ratio of 1.18 and a debt-to-equity ratio of 0.34.
Hedge Funds Weigh In On InterCure
A hedge fund recently bought a new stake in InterCure stock. Moore Capital Management LP acquired a new stake in InterCure Ltd. (NASDAQ:INCR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 97,273 shares of the company's stock, valued at approximately $156,000. Moore Capital Management LP owned about 0.21% of InterCure as of its most recent filing with the SEC. Hedge funds and other institutional investors own 8.34% of the company's stock.
About InterCure
(
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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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