Future Outlook And Stock Price Performance For iCoreConnect Inc (NASDAQ: ICCT)

In the last trading session, 2.24 million shares of the iCoreConnect Inc (NASDAQ:ICCT) were traded, and its beta was -1.35. Most recently the company’s share price was $4.01, and it changed around $0.04 or 1.01% from the last close, which brings the market valuation of the company to $8.30M. ICCT currently trades at a discount to its 52-week high of $34.80, offering almost -767.83% off that amount. The share price’s 52-week low was $0.24, which indicates that the current value has risen by an impressive 94.01% since then. We note from iCoreConnect Inc’s average daily trading volume that its 10-day average is 95.53 million shares, with the 3-month average coming to 16.36 million.

iCoreConnect Inc (NASDAQ:ICCT) trade information

Instantly ICCT has showed a green trend with a performance of 1.01% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 8.20 on recent trading dayincreased the stock’s daily price by 51.1%. The company’s shares are currently up 60.40% year-to-date, but still down -29.77% over the last five days. On the other hand, iCoreConnect Inc (NASDAQ:ICCT) is 548.87% up in the 30-day period. We can see from the shorts that 0.37 million shares have been sold at a short interest cover period of 0.02 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.56%.

ICCT Dividends

iCoreConnect Inc’s next quarterly earnings report is expected to be released on 2021-Nov-14.

iCoreConnect Inc (NASDAQ:ICCT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 10.61% of iCoreConnect Inc shares, and 2.02% of them are in the hands of institutional investors. The stock currently has a share float of 2.27%.

VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.34 shares worth $13409.0, making up 0.16% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held roughly 2.2 shares worth around $8834.0, which represents about 0.11% of the total shares outstanding.