During the recent session, Icon Energy Corp (NASDAQ:ICON)’s traded shares were 8.4 million. At the last check today, the stock’s price was $0.50, reflecting an intraday loss of -62.11% or -$0.81. The 52-week high for the ICON share is $3.85, that puts it down -670.0 from that peak though still a striking -160.0% loss since the share price plummeted to a 52-week low of $1.30. The company’s market capitalization is $0.73M, and the average intraday trading volume over the past 10 days was 51040.0 shares, and the average trade volume was 33.88K shares over the past three months.
Icon Energy Corp (NASDAQ:ICON) trade information
Icon Energy Corp (ICON) registered a -62.11% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -62.11% in intraday trading to $0.50, hitting a weekly high. The stock’s 5-day price performance is -76.13%, and it has moved by -76.25% in 30 days. The short interest in Icon Energy Corp (NASDAQ:ICON) is 13421.0 shares and it means that shorts have 0.53 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 92.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, ICON is trading at a discount of -1300.0% off the target high and -1300.0% off the low.
Icon Energy Corp (ICON) estimates and forecasts
In the rating firms’ projections, revenue will increase 38.52% compared to the previous financial year.
Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 2.6M by the end of current fiscal year.
ICON Dividends
Icon Energy Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Icon Energy Corp is 0.17, with the dividend yield indicating at 33.24 percent, continuing the trend of increasing dividends in recent years.
Icon Energy Corp (NASDAQ:ICON)’s Major holders
Icon Energy Corp insiders own 13.79% of total outstanding shares while institutional holders control 7.62%, with the float percentage being 8.84%.
