Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
iCoreConnect Inc (NASDAQ: ICCT) closed the day trading at $3.26 down -36.20% from the previous closing price of $5.11. In other words, the price has decreased by -$36.20 from its previous closing price. On the day, 6.06 million shares were traded.
Ratios:
For a better understanding of ICCT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 0.61.
Stock Price History:
Over the past 52 weeks, ICCT has reached a high of $35.80, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 90.39%, while the 200-Day Moving Average is calculated to be -49.52%.
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 10.37% stake in the company.
