iCoreConnect Inc [NASDAQ: ICCT] gained 3.90% on the last trading session, reaching $0.40 price per share at the time.
If compared to the average trading volume of 837.92K shares, ICCT reached a trading volume of 6734968 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about iCoreConnect Inc [ICCT]:
The Average True Range (ATR) for iCoreConnect Inc is set at 0.14, with the Price to Sales ratio for ICCT stock in the period of the last 12 months amounting to 0.07.
Trading performance analysis for ICCT stock
iCoreConnect Inc [ICCT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.33. With this latest performance, ICCT shares dropped by -65.95% in over the last four-week period, additionally sinking by -94.59% over the last 6 months – not to mention a drop of -98.44% 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 ICCT stock in for the last two-week period is set at 22.88, with the RSI for the last a single of trading hit 20.42, and the three-weeks RSI is set at 26.15 for iCoreConnect Inc [ICCT]. The present Moving Average for the last 50 days of trading for this stock 1.6018, while it was recorded at 0.4350 for the last single week of trading, and 7.1784 for the last 200 days.
iCoreConnect Inc [ICCT]: A deeper dive into fundamental analysis
iCoreConnect Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.11 and a Current Ratio set at 0.11.
An analysis of Institutional ownership at iCoreConnect Inc [ICCT]
There are presently around $3.27%, or 3.66%% of ICCT stock, in the hands of institutional investors.
