GlucoTrack Inc (GCTK) Down -98.51% From Its 52-Week High, But Growth Potential Is Changing Over Time

GlucoTrack Inc (NASDAQ:GCTK) currently has a daily average trading volume of 21.90M but it saw 72402552 shares traded in last market. With a market cap of 1.19M USD, the company’s current market price of $0.07 came falling about -6.58 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.95 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0622 while lowest mark touched by it was $0.082.

Taking a look at 20-day trading activity of GlucoTrack Inc (GCTK) gives us an average price of $0.2167, while its current price level is -98.51% below from 52-week high level whereas it is 1.79% 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 $0.3984 while that of 200 days or SMA-200 reads an average of $1.7763. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.35% during that period while stretching the period over a month that decreases to 23.72%. 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 28.24 which implies that the stock is in oversold territory.

Over the week, GCTK’s stock price is moving -46.83% down while it is -71.41% when we observe its performance for the past one month. Year-to-date it is -80.21% down and over the past year, the stock is showing a downside performance of -93.85%.

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

Currently, GlucoTrack Inc’s total number of outstanding shares is 16.05M with 34.98% of that held by the insiders while 0.95% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -1943.32%. Stock’s beta reads -0.30. Its return on asset (ROA) is -371.90% on average.