Putting The Spotlight On iCoreConnect Inc. (ICCT)

iCoreConnect Inc. (NASDAQ:ICCT) currently has a daily average trading volume of 169.28K but it saw 95211041 shares traded in last market. With a market cap of 5.82M USD, the company’s current market price of $0.56 came rising about 60.00 while comparing to the previous closing price of $0.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.01 and as low as $0.33. In the recent trading on the day, stock has struck highest price mark of $0.4838 while lowest mark touched by it was $0.7187.

Taking a look at 20-day trading activity of iCoreConnect Inc. (ICCT) gives us an average price of $0.4403, while its current price level is -86.03% below from 52-week high level whereas it is 70.99% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5150 while that of 200 days or SMA-200 reads an average of $1.0549. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.90% during that period while stretching the period over a month that decreases to 12.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.32 which implies that the stock is in neutral territory.

Over the week, ICCT’s stock price is moving 63.46% up while it is 14.97% when we observe its performance for the past one month. Year-to-date it is -54.84% down and over the past year, the stock is showing a downside performance of -86.03%.

Currently, iCoreConnect Inc.’s total number of outstanding shares is 10.07M. Company’s return on investment (ROI) stands at -624.17% and return on equity (ROE) at -1042.46%. Stock’s beta reads 0.51. Stock has a price to book (P/B) ratio of 14.20 while price to sale or P/S ratio amounts to 0.57. Its return on asset (ROA) is -224.61% on average.