The stock of Intercure Ltd (INCR) has gone up by 17.59% for the week, with a 1.03% rise in the past month and a -18.06% drop in the past quarter. The volatility ratio for the week is 11.64%, and the volatility levels for the past 30 days are 7.01% for INCR. The simple moving average for the past 20 days is 17.74% for INCR’s stock, with a -34.88% simple moving average for the past 200 days.
Is It Worth Investing in Intercure Ltd (NASDAQ: INCR) Right Now?
Intercure Ltd (NASDAQ: INCR) has a price-to-earnings ratio that is above its average at 9.67x. and a 36-month beta value of 0.82. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price predicted for Intercure Ltd (INCR) by analysts is $5.31, which is $0.1 above the current market price. The public float for INCR is 27.35M, and at present, short sellers hold a 0.17% of that float. On November 16, 2023, the average trading volume of INCR was 39.67K shares.
INCR) stock’s latest price update
Intercure Ltd (NASDAQ: INCR) has experienced a rise in its stock price by 15.45 compared to its previous closing price of 1.10. However, the company has seen a gain of 17.59% in its stock price over the last five trading days. Seeking Alpha reported 2023-04-04 that InterCure Ltd. (NASDAQ:INCR ) Q4 2022 Earnings Conference Call April 4, 2023 4:30 PM ET Company Participants Alexander Rabinovitch – CEO & Director Amos Cohen – CFO Conference Call Participants Vivien Azer – Cowen and Company Matt Bottomley – Canaccord Genuity Pablo Zuanic – Zuanic & Associates Operator Thank you for standing by, and welcome to InterCure’s Fourth Quarter 2022 Earnings Call.
Analysts’ Opinion of INCR
Many brokerage firms have already submitted their reports for INCR stocks, with Canaccord Genuity repeating the rating for INCR by listing it as a “Buy.” The predicted price for INCR in the upcoming period, according to Canaccord Genuity is $13 based on the research report published on May 18, 2022 of the previous year 2022.
INCR Trading at -6.67% from the 50-Day Moving Average
After a stumble in the market that brought INCR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.16% of loss for the given period.
Volatility was left at 7.01%, however, over the last 30 days, the volatility rate increased by 11.64%, as shares surge +7.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.16% lower at present.
During the last 5 trading sessions, INCR rose by +17.59%, which changed the moving average for the period of 200-days by -65.49% in comparison to the 20-day moving average, which settled at $1.0832. In addition, Intercure Ltd saw -61.52% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for INCR
Current profitability levels for the company are sitting at:
- +12.62 for the present operating margin
- +37.12 for the gross margin
The net margin for Intercure Ltd stands at +11.53. The total capital return value is set at 7.30, while invested capital returns managed to touch 8.11. Equity return is now at value 4.37, with 2.64 for asset returns.
Based on Intercure Ltd (INCR), the company’s capital structure generated 50.90 points at debt to equity in total, while total debt to capital is 33.73. Total debt to assets is 26.63, with long-term debt to equity ratio resting at 24.49. Finally, the long-term debt to capital ratio is 16.23.
When we switch over and look at the enterprise to sales, we see a ratio of 0.47, with the company’s debt to enterprise value settled at 0.44. The receivables turnover for the company is 4.64 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
To sum up, Intercure Ltd (INCR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.