iSun Inc (NASDAQ: ISUN) Has Lost -47.64% YTD: Is There Trouble Ahead?

NOVA

During the recent session, iSun Inc (NASDAQ:ISUN)’s traded shares were 5.73 million, with the beta value of the company hitting 1.19. At the last check today, the stock’s price was $0.16, reflecting an intraday loss of -4.76% or -$0.01. The 52-week high for the ISUN share is $0.75, that puts it down -368.75 from that peak though still a striking 62.5% gain since the share price plummeted to a 52-week low of $0.06. The company’s market capitalization is $7.77M, and the average trade volume was 843.06K shares over the past three months.

iSun Inc (NASDAQ:ISUN) trade information

iSun Inc (ISUN) registered a -4.76% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.76% in intraday trading to $0.16, hitting a weekly high. The stock’s 5-day price performance is 3.80%, and it has moved by -31.01% in 30 days. Based on these gigs, the overall price performance for the year is -73.98%.

iSun Inc (ISUN) estimates and forecasts

Statistics show that iSun Inc has outperformed its competitors in share price, compared to the industry in which it operates. iSun Inc (ISUN) shares have gone up 0.31% during the last six months, with a year-to-date growth rate more than the industry average at 87.67% against -10.00. In the rating firms’ projections, revenue will increase 15.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 18.7M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 27.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 19.78M and 25.01M respectively. In this case, analysts expect current quarter sales to shrink by -5.50% and then jump by 8.00% in the coming quarter. While earnings are projected to return 72.60% in 2024.

ISUN Dividends

iSun Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.