iCoreConnect Inc (NASDAQ:ICCT) shares traded -12.50% lower at $0.19 on Wall Street last session.
ICCT stock price is now -22.91% away from the 50-day moving average and -74.05% away from the 200-day moving average. The market capitalization of the company currently stands at $4.68M.
In other news, Pasqual John, Director bought 5,000 shares of the company’s stock on Aug 27 ’24. The stock was bought for $2,900 at an average price of $0.58. Upon completion of the transaction, the Director now directly owns 122,016 shares in the company, valued at $23183.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Chief Executive Officer McDermott Robert P bought 236,785 shares of the business’s stock. A total of $42,621 was incurred on buying the stock at an average price of $0.18. This leaves the insider owning 1,229,885 shares of the company worth $0.23 million. A total of 25.11% of the company’s stock is owned by insiders.
During the past 12 months, iCoreConnect Inc has had a low of $0.15 and a high of $3.20. The fifty day moving average price for ICCT is $0.25292 and a two-hundred day moving average price translates $0.74838 for the stock.
The latest earnings results from iCoreConnect Inc (NASDAQ: ICCT) was released for 2024-06-30. The net profit margin was -278.64% and return on equity was -1718.32% for ICCT. The company reported revenue of $2.79 million for the quarter, compared to $2.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.05 percent.
