Iconix Brand Group, Inc. (NASDAQ:ICON) has a beta value of 2.44 and has seen 11,354,014 shares traded in the recent trading session. The company, currently valued at $12.69 Million, closed the recent trade at $1.12 per share which meant it gained $0.29 on the day or 37.18% during that session. The ICON stock price is -145.54% off its 52-week high price of $2.75 and 54.46% above the 52-week low of $0.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 230.18 Million shares traded. The 3-month trading volume is 234.22 Million shares.
Iconix Brand Group, Inc. (NASDAQ:ICON) trade information
Sporting 43.59% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jul 14 when the ICON stock price touched $1.53 or saw a rise of 25.82%. Year-to-date, Iconix Brand Group, Inc. shares have moved -15.93%, while the 5-day performance has seen it change 50.93%. Over the past 30 days, the shares of Iconix Brand Group, Inc. (NASDAQ:ICON) have changed 2.25%. Short interest in the company has seen 71.94 Million shares shorted with days to cover at 0.31.
Iconix Brand Group, Inc. (ICON) estimates and forecasts
Figures show that Iconix Brand Group, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -49.68% over the past 6 months. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -134% and -128.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be -23%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -20.9% over the past 5 years. Earnings growth for 2020 is a modest +36.2% while over the next 5 years, the company’s earnings are expected to increase by 15%.