iCoreConnect Inc (NASDAQ: ICCT) Now $0.15 Higher From Its Low (0.02), Does It Still Have A Growth Story?

iCoreConnect Inc (NASDAQ:ICCT) currently has a daily average trading volume of 3.90M but it saw 416892 shares traded in last market. With a market cap of 4.24M USD, the company’s current market price of $0.17 came rising about 2.03 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.20 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.165 while lowest mark touched by it was $0.1743.

Taking a look at 20-day trading activity of iCoreConnect Inc (ICCT) gives us an average price of $0.1748, while its current price level is -94.66% below from 52-week high level whereas it is 13.02% 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 $0.2816 while that of 200 days or SMA-200 reads an average of $0.8001. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.98% during that period while stretching the period over a month that increases to 19.44%. 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 37.56 which implies that the stock is in neutral territory.

Over the week, ICCT’s stock price is moving -0.06% down while it is -25.16% when we observe its performance for the past one month. Year-to-date it is -86.21% down and over the past year, the stock is showing a downside performance of -85.63%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, iCoreConnect Inc’s total number of outstanding shares is 24.32M with 33.45% of that held by the insiders while 9.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2804.19% and return on equity (ROE) at -1718.32%. Stock’s beta reads 0.75. Stock has a price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is -189.86% on average.