Icon Energy Corp (NASDAQ:ICON) currently has a daily average trading volume of 561.42K but it saw 2788363 shares traded in last market. With a market cap of 0.58M USD, the company’s current market price of $0.40 came falling about -8.68 while comparing to the previous closing price of $0.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.85 and as low as $0.40. In the recent trading on the day, stock has struck highest price mark of $0.38 while lowest mark touched by it was $0.45.
Taking a look at 20-day trading activity of Icon Energy Corp (ICON) gives us an average price of $1.6538, while its current price level is -89.61% below from 52-week high level whereas it is 0.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.0688. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.48% during that period while stretching the period over a month that decreases to 13.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 14.16 which implies that the stock is in oversold territory.
Over the week, ICON’s stock price is moving -69.47% down while it is -81.13% when we observe its performance for the past one month. Year-to-date it is -82.06% down and over the past year.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.62. In next quarter, company is expected to be making quarterly sales of $2.6M as analysts are expecting the sales for current fiscal year at $6.2M and seeing the company making $14.3M in sales next year.
Currently, Icon Energy Corp’s total number of outstanding shares is 1.45M with 8.80% of that held by the insiders while 1.04% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at 7.90%. It has a price to earnings ratio (P/E ratio) of 1.32 while having a 4.00 of forward P/E ratio. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is 4.50% on average.
