How to Buy Icoreconnect Stock
Icoreconnect Inc
Icoreconnect is a health information service company located in Florida, United States, which is part of the Healthcare sector, and is traded under the ticker ICCT on the NASDAQ exchange.
Icoreconnect stock last closed at $1.31, up 7.38% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Health Information Services industry by N/A percentage points. Icoreconnect stock is currently +43.8% from its 52-week low of $0.91, and -93.67% from its 52-week high of $20.70.
As of May 10, 2024, there are 10.15M ICCT shares outstanding. The market capitalization of ICCT is $13.30M. In the last 24 hours, 110,468 ICCT shares were traded.
How to Buy Icoreconnect Stock
Wondering how to invest in Icoreconnect stock? Here's how.
- Decide where to buy Icoreconnect stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Icoreconnect stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Icoreconnect stock: The Icoreconnect ticker symbol is ICCT. Is Icoreconnect stock a good investment? Should you buy shares of ICCT? How do ICCT's underlying business fundamentals look? Do top analysts think Icoreconnect is a good buy? Why has ICCT's stock price moved recently? (Hint: Our stock market research website can help you decide if ICCT is a good stock to buy).
- Make your ICCT buy order: Decide if you will purchase ICCT shares at the current market price or use a limit order to buy ICCT shares at a given price.
- Get the latest scoop on your ICCT investment: Create a watchlist to monitor your investment in Icoreconnect shares.
Step 1: Decide where to buy Icoreconnect stock
You need a brokerage account in order to access the NASDAQ market and buy ICCT shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to invest in ICCT stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the stocks app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your new investment account.
Step 4: Evaluate Icoreconnect stock
After you have chosen the best place to buy Icoreconnect stock, it's critical to research their stock prior to investing, so you can understand the risk and upside.
Icoreconnect Metrics
ICCT Overview
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on ICCT's stock page.
Is ICCT stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ICCT's true value.
Using relative valuations ratios:
- ICCT could be undervalued based on its P/B ratio of 2.99x, relative to Health Information Services industry P/B ratio of 3.34x
You can access more valuation research on ICCT's stock here.
A look at ICCT Cashflows and Balance Sheet
Signs that ICCT is financially healthy:
- Total ICCT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ICCT balance sheet.
Signs that ICCT is not financially healthy:
- ICCT profit margin has gone down from -98.6% to -195.3% in the past year.
- ICCT has a relatively high debt to equity ratio of 2.53.
- ICCT has cash burn of 9683871. It does not have enough cash and short-term investments to cover this.
- ICCT has $1.22M in cash and short term investments. This is not sufficient to cover its annual cash burn of $9.68M.
- There are more short-term liabilities than short-term assets on the ICCT balance sheet.
ICCT Trading Indicators
ICCT Growth Metrics
Last year, ICCT revenue was $8.15M. During the past five year, ICCT's revenue has increased by 49.57% per year. This was faster than the Health Information Services industry average of 21.6%.
You can analyze ICCT's earnings and revenue performance here.
Are ICCT insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at ICCT have not bought or sold any shares.
Get more info about who owns ICCT stock here.
Can I rely on ICCT as an income stream?
No, Icoreconnect doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your ICCT buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place your order.
If you need additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your ICCT investment
Now that you own some ICCT shares, you'll want to keep up with your shares.
Start a watchlist to see the latest developments about your ICCT stock.
ICCT Feed
How to Buy Stock in Icoreconnect
To summarize, here are the 6 steps to buy Icoreconnect stock:
- Decide where to buy Icoreconnect stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Icoreconnect stock
- Make your ICCT buy order
- Get the latest scoop on your ICCT investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Icoreconnect, create a watchlist on WallStreetZen today.
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