GlucoTrack Inc (GCTK): A Fresh Data-Based Analysis

GlucoTrack Inc (NASDAQ:GCTK) price on Friday, February 28, rose 1.75% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.36.

A look at the stock’s price movement, the close in the last trading session was $0.35. Turning to its 52-week performance, $99.00 and $0.32 were the 52-week high and 52-week low respectively. Overall, GCTK moved -80.68% over the past month.

GlucoTrack Inc’s market cap currently stands at around $3.76 million, with investors looking forward to this quarter’s earnings report slated for in April.

Turning to the stock’s technical picture we see that short term indicators suggest on average that GCTK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

GCTK’s current price about -36.34% and -84.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 26.45, while 7-day volatility ratio is 18.03% and 26.93% in the 30-day chart. Further, GlucoTrack Inc (GCTK) has a beta value of -0.23, and an average true range (ATR) of 0.29.

If we refocus on GlucoTrack Inc (NASDAQ:GCTK), historical trading data shows that trading volumes averaged 3.68 million over the past 3 months. The company’s latest data on shares outstanding shows there are 10.41 million shares.

The 2.34% of GlucoTrack Inc’s shares are in the hands of company insiders while institutional holders own 0.44% of the company’s shares. Current price change has pushed the stock -95.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GCTK stock continues to rise going into the next quarter.

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