iCoreConnect Inc (NASDAQ:ICCT) shares traded 6.99% higher at $2.45 on Wall Street last session.
ICCT stock price is now 20.57% away from the 50-day moving average and -47.81% away from the 200-day moving average. The market capitalization of the company currently stands at $5.08M.
In other news, Schonfeld Strategic Advisors L, 10% Owner sold 132,378 shares of the company’s stock on Apr 28 ’25. The stock was sold for $299,500 at an average price of $2.26. Upon completion of the transaction, the 10% Owner now directly owns 56,059 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 17 ’25, 10% Owner Schonfeld Strategic Advisors L bought 146,700 shares of the business’s stock. A total of $371,941 was incurred on buying the stock at an average price of $2.54. This leaves the insider owning 202,000 shares of the company worth $0.49 million. A total of 18.65% of the company’s stock is owned by insiders.
During the past 12 months, iCoreConnect Inc has had a low of $0.24 and a high of $23.80. The fifty day moving average price for ICCT is $2.03204 and a two-hundred day moving average price translates $4.69432 for the stock.
The latest earnings results from iCoreConnect Inc (NASDAQ: ICCT) was released for 2024-09-30. 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.
