iCoreConnect Inc (NASDAQ: ICCT) is 30.40% higher on its value in year-to-date trading and has touched a low of $0.24 and a high of $35.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ICCT stock was last observed hovering at around $5.11 in the last trading session, with the day’s loss setting it -1.85%.
Currently trading at $3.26, the stock is 93.88% and 90.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.06 million and changing -36.20% at the moment leaves the stock -49.52% off its SMA200. ICCT registered -85.45% loss for a year compared to 6-month loss of -60.26%. The firm has a 50-day simple moving average (SMA 50) of $1.71224 and a 200-day simple moving average (SMA200) of $6.45877.
The stock witnessed a 379.41% gain in the last 1 month and extending the period to 3 months gives it a 20.74%, and is -30.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 88.30% over the week and 50.59% over the month.
Profit margin for the company is -278.64%. Distance from 52-week low is 1257.77% and -90.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-2804.19%).
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iCoreConnect Inc (ICCT) Top Institutional Holders
14.0 institutions hold shares in iCoreConnect Inc (ICCT), with institutional investors hold 3.62% of the company’s shares. The shares outstanding are 2.07M, and float is at 1.68M with Short Float at 2.42%. Institutions hold 3.23% of the Float.
iCoreConnect Inc (ICCT) Insider Activity
The most recent transaction is an insider sale by Fundamental Global Inc., the company’s 10% Owner. SEC filings show that Fundamental Global Inc. sold 1,000,000 shares of the company’s common stock on Dec 10 ’24 at a price of $0.27 per share for a total of $0.27 million. Following the sale, the insider now owns 1.22 million shares.
iCoreConnect Inc disclosed in a document filed with the SEC on Dec 12 ’24 that Fundamental Global Inc. (10% Owner) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $0.17 per share for $1725.0. Following the transaction, the insider now directly holds 1.21 million shares of the ICCT stock.
Still, SEC filings show that on Aug 27 ’24, Pasqual John (Director) acquired 5,000 shares at an average price of $0.58 for $2900.0. The insider now directly holds 122,016 shares of iCoreConnect Inc (ICCT).
