In the last trading session, 6.68 million Icon Energy Corp (NASDAQ:ICON) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.29 changed hands at -$0.05 or -14.09% during last session, the market valuation stood at $3.07M. ICON’s last price was a discount, traded about -1227.59% off its 52-week high of $3.85. The share price had its 52-week low at $0.27, which suggests the last value was 6.9% up since then.
Analysts gave the Icon Energy Corp (ICON) stock a consensus recommendation rating of Buy. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ICON as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Icon Energy Corp’s EPS for the current quarter is expected to be 0.
Icon Energy Corp (NASDAQ:ICON) trade information
Instantly ICON was in red as seen at the end of in last trading. With action -6.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -87.04%, with the 5-day performance at -6.84% in the red. However, in the 30-day time frame, Icon Energy Corp (NASDAQ:ICON) is -77.95% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 95.86% from its current market value. According to analyst projections, ICON’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -2313.79% plunge from its current level, while the stock would need to soar -2313.79% for it to hit the projected low.
Icon Energy Corp (ICON) estimates and forecasts
Year-over-year growth is forecast to reach 29.58% up from the last financial year.
1 analysts are of the opinion that Icon Energy Corp’s revenue for the current quarter will be 2.2M.