iCoreConnect Inc [ICCT] stock prices are down -2.28% to $0.71 at the moment. 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 11.98% over the last week, with a monthly amount drifted -68.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of iCoreConnect Inc [ICCT] has been fluctuating between $0.61 and $35.80 over the past year. iCoreConnect Inc [NASDAQ: ICCT] shares were valued at $0.71 at the most recent close of the market.
Analyzing the ICCT fundamentals
The iCoreConnect Inc [NASDAQ:ICCT] reported sales of 11.05M for trailing twelve months, representing a surge 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.97.
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 0.6783 points at the first support level, and at 0.6441 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7333, and for the 2nd resistance point, it is at 0.7541.
Ratios To Look Out For
It’s worth pointing out that iCoreConnect Inc [NASDAQ:ICCT]’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 0.13.
Transactions by insiders
Recent insider trading involved Fundamental Global Inc., 10% Owner, that happened on Dec 10 ’24 when 1.0 million shares were sold. 10% Owner, Fundamental Global Inc. completed a deal on Dec 12 ’24 to sell 10000.0 shares. Meanwhile, Director Pasqual John bought 5000.0 shares on Aug 27 ’24.
