Spotting A Winner: iCoreConnect Inc (NASDAQ: ICCT) Advances 1.22 And It Still Have Room To Run

iCoreConnect Inc (NASDAQ:ICCT) currently has a daily average trading volume of 4.01M but it saw 1653849 shares traded in last market. With a market cap of 4.23M USD, the company’s current market price of $0.17 came rising about 1.22 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 $0.157 while lowest mark touched by it was $0.1752.

Taking a look at 20-day trading activity of iCoreConnect Inc (ICCT) gives us an average price of $0.1725, while its current price level is -94.56% below from 52-week high level whereas it is 15.00% 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 $0.2624 while that of 200 days or SMA-200 reads an average of $0.7677. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.37% during that period while stretching the period over a month that increases to 9.44%. 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 39.39 which implies that the stock is in neutral territory.

Over the week, ICCT’s stock price is moving 1.75% up while it is -4.76% when we observe its performance for the past one month. Year-to-date it is -85.97% down and over the past year, the stock is showing a downside performance of -83.58%.

Currently, iCoreConnect Inc’s total number of outstanding shares is 24.32M. 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.