InterCure (NASDAQ:INCR) Stock Price Down 3.4% – Should You Sell?

InterCure Ltd. (NASDAQ:INCRGet Free Report)’s stock price was down 3.4% on Monday . The company traded as low as $1.43 and last traded at $1.44. Approximately 37,166 shares changed hands during trading, a decline of 6% from the average daily volume of 39,383 shares. The stock had previously closed at $1.49.

InterCure Price Performance

The stock has a 50-day moving average of $1.63 and a two-hundred day moving average of $1.63. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.78 and a quick ratio of 1.15.

Hedge Funds Weigh In On InterCure

Several large investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in InterCure in the 3rd quarter valued at $43,000. Jane Street Group LLC acquired a new stake in InterCure during the 3rd quarter worth $49,000. Finally, Moore Capital Management LP acquired a new position in shares of InterCure in the 4th quarter valued at approximately $156,000. 8.34% of the stock is currently owned by institutional investors and hedge funds.

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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