GlucoTrack Inc [GCTK] is -57.24% lower this YTD. Is it still time to buy?

GlucoTrack Inc [NASDAQ: GCTK] stock went on a downward path that fall over -45.62% on Monday, amounting to a one-week price decrease of less than -39.12%.

Over the last 12 months, GCTK stock dropped by -86.49%.

The market cap for the stock reached $2.36 million, with 16.05 million shares outstanding and 9.01 million shares in the current float. Compared to the average trading volume of 668.95K shares, GCTK stock reached a trading volume of 34197370 in the most recent trading day, which is why market watchdogs consider the stock to be active.

GCTK Stock Performance Analysis:

GlucoTrack Inc [GCTK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -39.12. With this latest performance, GCTK shares dropped by -40.22% in over the last four-week period, additionally sinking by -90.09% over the last 6 months – not to mention a drop of -86.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GCTK stock in for the last two-week period is set at 30.82, with the RSI for the last a single of trading hit 30.62, and the three-weeks RSI is set at 30.30 for GlucoTrack Inc [GCTK]. The present Moving Average for the last 50 days of trading for this stock 0.6342, while it was recorded at 0.2911 for the last single week of trading, and 1.8301 for the last 200 days.

Insight into GlucoTrack Inc Fundamentals:

GlucoTrack Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.14 and a Current Ratio set at 0.14.

GlucoTrack Inc [GCTK] Institutonal Ownership Details

There are presently around $0.95%, or 1.47%% of GCTK stock, in the hands of institutional investors.