Should You Sell GlucoTrack Inc (GCTK) And Go Away This Year?

GlucoTrack Inc (NASDAQ:GCTK) currently has a daily average trading volume of 5.45M but it saw 5820297 shares traded in last market. With a market cap of 4.34M USD, the company’s current market price of $0.17 came rising about 6.60 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.00 and as low as $0.13.

Taking a look at 20-day trading activity of GlucoTrack Inc (GCTK) gives us an average price of $0.1649, while its current price level is -99.79% below from 52-week high level whereas it is 29.09% 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 $0.2433 while that of 200 days or SMA-200 reads an average of $17.7889. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.04% during that period while stretching the period over a month that decreases to 13.18%. 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 39.28 which implies that the stock is in neutral territory.

Over the week, GCTK’s stock price is moving -2.14% down while it is 13.91% when we observe its performance for the past one month. Year-to-date it is -97.73% down and over the past year, the stock is showing a downside performance of -99.72%.

Currently, GlucoTrack Inc’s total number of outstanding shares is 25.59M with 11.76% of that held by the insiders while 0.17% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -1943.32%. Stock’s beta reads -0.12. Its return on asset (ROA) is -417.03% on average.