iCoreConnect Inc. (OTCMKTS:ICCT) Stock Continues to Move Up: Jumps 15% in a Week

iCoreConnect Inc. (OTCMKTS:ICCT) was up 15% in a week. The cloud-based SaaS platform for workflow in the healthcare business has confirmed that it will release Q3 2021 financial results on November 15, 2021, after market close.

Market Stats

On Thursday, ICCT stock closed flat at $0.1850 with more than 388K shares, compared to its average volume of 175k shares. The stock has moved within a range of $0.1701 – 0.1900 after opening the trade at $0.1885.

Conference Call and Webcast to Present Third-Quarter 2021 Financial Results

After the release, the management will immediately host a conference call to review the financial results offer a corporate update.The company is popular for its innovation in addressing healthcare business challenges. It has a platform comprising 15 SaaS enterprise solutions with over 70 agreements with US regional or state healthcare associations.

Recently the iCoreConnect announced an expansion of the company’s authorized products by the Michigan Dental Association. The association endorsed five new products increasing the endorsed iCoreConnect product number to seven. This expansion includes iCoreHuddle revenue dashboards, iCoreVerify automated insurance verification, iCore IT Managed Services iCoreCloud automated HIPAA-complaint cloud, and iCoreDental cloud-based management software. The company’s relationship with MDA dates to 2018, when the association endorsed iCoreExchange. So in the coming weeks, ICCT is worth watching.

Traders Corner

ICCT stock is trading above the 20-Day and 50-Day Moving averages of $0.16 and $0.13 respectively. Moreover, the stock is trading above 200-Day moving average of $0.14. The stock is down 79% in the past month.