iCoreConnect Inc [ICCT] stock is trading at $0.19, up 11.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ICCT shares have gain 8.73% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
iCoreConnect Inc [ICCT] stock has fluctuated between $0.15 and $3.20 over the past year. iCoreConnect Inc [NASDAQ: ICCT] shares were valued at $0.19 at the most recent close of the market.
Analyzing the ICCT fundamentals
iCoreConnect Inc [NASDAQ:ICCT] reported sales of 11.05M for the trailing twelve months, which represents a growth of 39.06%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -1.55%, Pretax Profit Margin comes in at -2.63%, and Net Profit Margin reading is -2.63%. To continue investigating profitability, this company’s Return on Assets is posted at -2.04, Equity is -14.51 and Total Capital is -15.6. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.63.
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 0.1758 points at the first support level, and at 0.1662 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1943, and for the 2nd resistance point, it is at 0.2032.
Ratios To Look Out For
For context, iCoreConnect Inc’s Current Ratio is 0.11. In addition, the Quick Ratio stands at 0.11 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.39.
Transactions by insiders
Recent insider trading involved Pasqual John, Director, that happened on Aug 27 ’24 when 5000.0 shares were purchased. Chief Executive Officer, McDermott Robert P completed a deal on Nov 25 ’24 to buy 0.24 million shares. Meanwhile, Chief Executive Officer McDermott Robert P bought 40000.0 shares on Nov 26 ’24.
