GlucoTrack Inc (GCTK): Are Investors Missing The Big Picture?

GlucoTrack Inc (NASDAQ:GCTK) does about 30.60M shares in volume on a normal day but saw 608985393 shares change hands in the recent trading day. The company now has a market cap of 2.00M USD. Its current market price is $0.12, marking an increase of 47.23% compared to the previous close of $0.08. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $0.06.

GlucoTrack Inc (GCTK) has a 20-day trading average at $0.2032 and the current price is -97.47% off the 52-week high compared with 100.96% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3530 and its 200-day simple moving average is $1.7586. If we look at the stock’s price movements over the week, volatility stands at 37.72%, which decreases to 26.50% 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 35.97 to suggest the stock is neutral.

The current price level is -38.49%, -64.59%, and -92.89% away from its SMA20, SMA50, and SMA200 respectively, with the GCTK price moving above the 50-day SMA on current market day. GlucoTrack Inc (GCTK) stock is down -16.50% over the week and -49.45% over the past month. Its price is -66.49% year-to-date and -89.20% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 16.05M with insiders holding 34.98% of the shares and institutional holders owning 0.95% of the company’s common stock. The company has a return on equity of -1943.32%. The beta has a value of -0.34.