In today’s recent session, 4.86 million shares of the iSun Inc (NASDAQ:ISUN) have been traded, and its beta is 1.21. Most recently the company’s share price was $0.08, and it changed around -$0.07 or -44.97% from the last close, which brings the market valuation of the company to $3.89M. ISUN at last check was trading at a discount to its 52-week high of $0.75, offering almost -837.5% off that amount. The share price’s 52-week low was $0.13, which indicates that the recent value has fallen by an impressive -62.5% since then. We note from iSun Inc’s average daily trading volume that its 3-month average coming to 407.89K.
iSun Inc (NASDAQ:ISUN) trade information
Instantly ISUN has been showing red trend so far today with a performance of -44.97% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -73.82% year-to-date, but still down -52.57% over the last five days. On the other hand, iSun Inc (NASDAQ:ISUN) is -60.23% down in the 30-day period.
iSun Inc (ISUN) estimates and forecasts
iSun Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -56.96 percent over the past six months and at a 87.67% annual growth rate that is well above the industry average of -10.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 73.70% in revenue this quarter, and will report an increase of 69.20% in the next quarter. The year-over-year growth rate is expected to be 15.10%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $18.7 million in revenue for the current quarter. 2 analysts expect iSun Inc to make $27.01 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $19.78 million and $25.01 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -5.50%. Forecasts for the next quarter put sales growth at 8.00%.
