iCoreConnect Inc (NASDAQ:ICCT) does about 4.05M shares in volume on a normal day but saw 3483432 shares change hands in the recent trading day. The company now has a market cap of 4.33M USD. Its current market price is $0.19, marking an increase of 11.08% compared to the previous close of $0.17. The 52 week high reached by this stock is $3.20 whilst the lowest price level in 52 weeks is $0.15.
iCoreConnect Inc (ICCT) has a 20-day trading average at $0.1717 and the current price is -94.20% off the 52-week high compared with 22.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2555 and its 200-day simple moving average is $0.7550. If we look at the stock’s price movements over the week, volatility stands at 8.33%, which increases to 9.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.65 to suggest the stock is neutral.
The consensus objective for the share price is $14.92, suggesting that the stock has a potential upside of 98.73% over the period.
The current price level is 8.06%, -27.39%, and -75.43% away from its SMA20, SMA50, and SMA200 respectively, with the ICCT price moving above the 50-day SMA on current market day. iCoreConnect Inc (ICCT) stock is up 8.73% over the week and -1.54% over the past month. Its price is -85.04% year-to-date and -80.70% over the past year.
To reach the target analysts have set, the stock logically needs to grow 98.73 percent from here.
The company has a return on investment of -2804.19% and return on equity of -1718.32%. The beta has a value of 0.76. Price to sales ratio is 0.39.
