iCoreConnect Inc (ICCT) distance from 200-day Simple Moving Average is $0.8267: Right on the Precipice

iCoreConnect Inc (NASDAQ: ICCT) started the day on Thursday, with a price increase of 2.28% at $0.17, before settling in for the price of $0.17 at the close. Taking a more long-term approach, ICCT posted a 52-week range of $0.15-$3.20.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 59.83%. Meanwhile, its Annual Earning per share during the time was 9.56%. This publicly-traded company’s shares outstanding now amounts to $10.07 million, simultaneously with a float of $7.21 million. The organization now has a market capitalization sitting at $4.25 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3058, while the 200-day Moving Average is $0.8267.

iCoreConnect Inc (ICCT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Health Information Services Industry. iCoreConnect Inc’s current insider ownership accounts for 39.83%, in contrast to 36.92% institutional ownership. According to the most recent insider trade that took place on Nov 01 ’24, this organization’s 10% Owner sold 1,000,000 shares at the rate of 0.24, making the entire transaction reach 240,400 in total value, affecting insider ownership by 2,223,843. Preceding that transaction, on Oct 29 ’24, Company’s 10% Owner sold 100,000 for 0.23, making the whole transaction’s value amount to 23,270. This particular insider is now the holder of 3,423,843 in total.

iCoreConnect Inc (ICCT) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

iCoreConnect Inc (NASDAQ: ICCT) Trading Performance Indicators

Let’s observe the current performance indicators for iCoreConnect Inc (ICCT). It’s Quick Ratio in the last reported quarter now stands at 0.11. The Stock has managed to achieve an average true range (ATR) of 0.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.39.

In the same vein, ICCT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.98.

Technical Analysis of iCoreConnect Inc (ICCT)

If we take a close look at the recent performances of iCoreConnect Inc (NASDAQ: ICCT), its last 5-days Average volume was 2.94 million that shows progress from its year to date volume of 1.29 million. During the previous 9 days, stock’s Stochastic %D was recorded 35.19% While, its Average True Range was 0.0285.

Raw Stochastic average of iCoreConnect Inc (ICCT) in the period of the previous 100 days is set at 3.00%, which indicates a major fall in contrast to 33.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 71.48% that was lower than 155.00% volatility it exhibited in the past 100-days period.