Icon Energy Corp (NASDAQ:ICON)’s traded shares stood at 1.78 million during the last session. At the close of trading, the stock’s price was $0.31, to imply a decrease of -4.69% or -$0.01 in intraday trading. The ICON share’s 52-week high remains $3.85, putting it -1141.94% down since that peak but still an impressive 0.0% since price per share fell to its 52-week low of $0.31. The company has a valuation of $3.24M, with an average of 4.66 million shares in intraday trading volume over the past 10 days and average of 792.54K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Icon Energy Corp (ICON), translating to a mean rating of 2.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give ICON a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Icon Energy Corp (NASDAQ:ICON) trade information
After registering a -4.69% downside in the last session, Icon Energy Corp (ICON) has traded red over the past five days. The 5-day price performance for the stock is -23.75%, and -86.14% over 30 days. With these gigs, the year-to-date price performance is -86.32%. Short interest in Icon Energy Corp (NASDAQ:ICON) saw shorts transact 16590.0 shares and set a 0.53 days time to cover.
The extremes give us $7 and $7 for target low and target high price respectively. As such, ICON has been trading -2158.06% off suggested target high and -2158.06% from its likely low.
Icon Energy Corp (ICON) estimates and forecasts
The rating firms project that company’s revenue will grow 29.58% compared to the previous financial year.
Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 2.2M.
ICON Dividends
Icon Energy Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Icon Energy Corp has a forward dividend ratio of 0.17, with the share yield ticking at 54.10% to continue the rising pattern observed over the past year.
Icon Energy Corp (NASDAQ:ICON)’s Major holders
Icon Energy Corp insiders hold 8.80% of total outstanding shares, with institutional holders owning 7.95% of the shares at 8.71% float percentage. In total, 7.95% institutions holds shares in the company.
