GlucoTrack (NASDAQ:GCTK) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of GlucoTrack (NASDAQ:GCTKFree Report) from a strong sell rating to a sell rating in a research note published on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of GlucoTrack in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on GlucoTrack

GlucoTrack Trading Down 8.3%

Shares of NASDAQ:GCTK opened at $0.43 on Friday. The stock has a 50 day moving average of $0.43 and a 200 day moving average of $1.00. The company has a market cap of $3.34 million, a PE ratio of -0.02 and a beta of 0.70. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.08. GlucoTrack has a 12-month low of $0.25 and a 12-month high of $14.14.

Institutional Investors Weigh In On GlucoTrack

A number of institutional investors have recently bought and sold shares of the business. Ikarian Capital LLC purchased a new position in shares of GlucoTrack in the fourth quarter valued at about $177,000. Boothbay Fund Management LLC bought a new position in shares of GlucoTrack in the fourth quarter worth about $52,000. Finally, Bank of America Corp DE grew its position in shares of GlucoTrack by 102,125.0% during the second quarter. Bank of America Corp DE now owns 4,089 shares of the company’s stock worth $25,000 after purchasing an additional 4,085 shares in the last quarter. Hedge funds and other institutional investors own 10.92% of the company’s stock.

GlucoTrack Company Profile

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GlucoTrack, Inc, a medical device company, focused on the design, development, and commercialization of novel technologies for people with diabetes in the United States. It develops GlucoTrack, a noninvasive glucose monitoring device that helps people with diabetes and pre-diabetics to obtain blood glucose level readings without the pain. The company was formerly known as Integrity Applications, Inc and changed its name to GlucoTrack, Inc in November 2021. GlucoTrack, Inc was founded in 2001 and is based in Rutherford, New Jersey.

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