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The closing price of iCoreConnect Inc (NASDAQ: ICCT) was $2.60 for the day, down -4.41% from the previous closing price of $2.72. In other words, the price has decreased by -$4.41 from its previous closing price. On the day, 0.62 million shares were traded.
Ratios:
Our analysis of ICCT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.11.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 10 ’24 when Fundamental Global Inc. sold 1,000,000 shares for $0.27 per share. The transaction valued at 269,000 led to the insider holds 1,223,843 shares of the business.
Fundamental Global Inc. sold 10,000 shares of ICCT for $1,725 on Dec 12 ’24. The 10% Owner now owns 1,213,843 shares after completing the transaction at $0.17 per share. On Aug 27 ’24, another insider, Pasqual John, who serves as the Director of the company, bought 5,000 shares for $0.58 each. As a result, the insider paid 2,900 and bolstered with 122,016 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49.
Stock Price History:
Over the past 52 weeks, ICCT has reached a high of $27.80, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 39.16%, while the 200-Day Moving Average is calculated to be -53.33%.
Shares Statistics:
A total of 2.07M shares are outstanding, with a floating share count of 1.68M. Insiders hold about 18.89% of the company’s shares, while institutions hold 9.16% stake in the company.
