Does iSun Inc (NASDAQ:ISUN) Look Expensive At $0.14? Here’s How To Know.

In last trading session, iSun Inc (NASDAQ:ISUN) saw 1.74 million shares changing hands with its beta currently measuring 1.40. Company’s recent per share price level of $0.14 trading at $0.01 or 10.75% at ring of the bell on the day assigns it a market valuation of $6.83M. That closing price of ISUN’s stock is at a discount of -10585.71% from its 52-week high price of $14.96 and is indicating a premium of 14.29% from its 52-week low price of $0.12. Taking a look at company’s average trading volume volume of 252.18K if we extend that period to 3-months.

iSun Inc (NASDAQ:ISUN) trade information

Upright in the green during last session for gaining 10.75%, in the last five days ISUN remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $0.14 price level, adding 26.32% to its value on the day. iSun Inc’s shares saw a change of -97.70% in year-to-date performance and have moved -92.33% in past 5-day. iSun Inc (NASDAQ:ISUN) showed a performance of -96.87% in past 30-days.

iSun Inc (ISUN) estimates and forecasts

Statistics highlight that iSun Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -95.80% of value to its shares in past 6 months, showing an annual growth rate of 87.67% while that of industry is -10.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 63.20% in the current quarter and calculating 53.80% increase in the next quarter. This year revenue growth is estimated to rise 4.80% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $17.7 million for the same. And 1 analysts are in estimates of company making revenue of $25.72 million in the next quarter that will end on Jun 2024. Company posted $19.78 million and $25.01 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -10.50% while estimating it to be 2.90% for the next quarter.

ISUN Dividends

iSun Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.