A share price of iCoreConnect Inc [ICCT] is currently trading at $0.17, up 7.37%. An important factor to consider is whether the stock is rising or falling in short-term value. The ICCT shares have gain 1.06% over the last week, with a monthly amount drifted -53.51%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
iCoreConnect Inc experienced fluctuations in its stock price throughout the past year between $0.15 and $3.20. iCoreConnect Inc [NASDAQ: ICCT] shares were valued at $0.17 at the most recent close of the market.
Analyzing the ICCT fundamentals
Trailing Twelve Months sales for iCoreConnect Inc [NASDAQ:ICCT] were 10.27M which represents 66.36% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -1.69%, Pretax Profit Margin comes in at -2.6%, and Net Profit Margin reading is -2.61%. To continue investigating profitability, this company’s Return on Assets is posted at -1.54, Equity is -6.14 and Total Capital is -3.86. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of24.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1652 points at the first support level, and at 0.1583 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1757, and for the 2nd resistance point, it is at 0.1793.
Ratios To Look Out For
To put it in perspective, the Current Ratio for iCoreConnect Inc [NASDAQ:ICCT] is 0.11. On the other hand, the Quick Ratio is 0.11, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 4.36.
Transactions by insiders
Recent insider trading involved Fundamental Global Inc., 10% Owner, that happened on Nov 01 ’24 when 1.0 million shares were sold. 10% Owner, Fundamental Global Inc. completed a deal on Oct 29 ’24 to sell 100000.0 shares. Meanwhile, 10% Owner Fundamental Global Inc. sold 100000.0 shares on Oct 30 ’24.
