iCoreConnect Inc (NASDAQ:ICCT) shares traded -26.76% lower at $0.13 on Wall Street last session.
ICCT stock price is now -40.48% away from the 50-day moving average and -81.78% away from the 200-day moving average. The market capitalization of the company currently stands at $3.16M.
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In other news, Fundamental Global Inc., 10% Owner sold 1,000,000 shares of the company’s stock on Dec 10 ’24. The stock was sold for $269,000 at an average price of $0.27. Upon completion of the transaction, the 10% Owner now directly owns 1,223,843 shares in the company, valued at $0.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 12 ’24, 10% Owner Fundamental Global Inc. sold 10,000 shares of the business’s stock. A total of $1,725 was realized by selling the stock at an average price of $0.17. This leaves the insider owning 1,213,843 shares of the company worth $0.16 million. A total of 22.08% 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 $2.31. The fifty day moving average price for ICCT is $0.2205 and a two-hundred day moving average price translates $0.709495 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.
