GlucoTrack Inc (GCTK) Stock: A SWOT Analysis

Company’s 36-month beta value is 0.20.

The public float for GCTK is 20.29M, and currently, short sellers hold a 0.52% ratio of that floaft. The average trading volume of GCTK on April 30, 2024 was 181.03K shares.

GCTK) stock’s latest price update

GlucoTrack Inc (NASDAQ: GCTK)’s stock price has gone rise by 23.00 in comparison to its previous close of 0.46, however, the company has experienced a -37.85% decrease in its stock price over the last five trading days. InvestorPlace reported 2023-04-13 that GlucoTrack (NASDAQ: GCTK ) stock is falling on Thursday after the medical device company revealed plans for a proposed public stock offering. According to a news release from the company, it’s planning for a firm commitment underwritten public offering.

GCTK’s Market Performance

GCTK’s stock has fallen by -37.85% in the past week, with a monthly rise of 69.13% and a quarterly rise of 154.55%. The volatility ratio for the week is 24.73% while the volatility levels for the last 30 days are 20.77% for GlucoTrack Inc The simple moving average for the past 20 days is 7.51% for GCTK’s stock, with a 97.62% simple moving average for the past 200 days.

GCTK Trading at 45.56% from the 50-Day Moving Average

After a stumble in the market that brought GCTK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.43% of loss for the given period.

Volatility was left at 20.77%, however, over the last 30 days, the volatility rate increased by 24.73%, as shares surge +71.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +142.42% upper at present.

During the last 5 trading sessions, GCTK fell by -37.85%, which changed the moving average for the period of 200-days by +40.07% in comparison to the 20-day moving average, which settled at $0.5325. In addition, GlucoTrack Inc saw 114.15% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GCTK starting from SYCOFF DREW, who purchase 182,540 shares at the price of $1.26 back on Apr 22 ’24. After this action, SYCOFF DREW now owns 2,951,258 shares of GlucoTrack Inc, valued at $230,000 using the latest closing price.

Stock Fundamentals for GCTK

The total capital return value is set at -0.78. Equity return is now at value -320.91, with -193.41 for asset returns.

Based on GlucoTrack Inc (GCTK), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -33.46. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -2657.0.

Currently, EBITDA for the company is -7.09 million with net debt to EBITDA at 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.

Conclusion

In a nutshell, GlucoTrack Inc (GCTK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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