GlucoTrack Inc (GCTK) Down -99.80% From Its 52-Week High, But Growth Potential Is Changing Over Time

GlucoTrack Inc (NASDAQ:GCTK) currently has a daily average trading volume of 6.49M but it saw 3005775 shares traded in last market. With a market cap of 5.13M USD, the company’s current market price of $0.20 came falling about -11.02 while comparing to the previous closing price of $0.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $99.00 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1912 while lowest mark touched by it was $0.2154.

Taking a look at 20-day trading activity of GlucoTrack Inc (GCTK) gives us an average price of $0.3075, while its current price level is -99.80% below from 52-week high level whereas it is 22.00% 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 $0.6258 while that of 200 days or SMA-200 reads an average of $22.2671. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.89% during that period while stretching the period over a month that increases to 22.09%. 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 29.37 which implies that the stock is in oversold territory.

Over the week, GCTK’s stock price is moving -17.41% down while it is -37.44% when we observe its performance for the past one month. Year-to-date it is -97.32% down and over the past year, the stock is showing a downside performance of -99.39%.

The company is expected to be releasing its next quarterly report in May, 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 10.41M with 2.53% of that held by the insiders while 0.44% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -1943.32%. Stock’s beta reads -0.16. Its return on asset (ROA) is -417.03% on average.