Icon Energy Corp (NASDAQ:ICON) has seen 26.16 million shares traded in the last trading session. The company, currently valued at $0.55M, closed the last trade at $0.05 per share which meant it lost -$0.05 on the day or -48.00% during that session. The ICON stock price is -7600.0% off its 52-week high price of $3.85 and -60.0% below the 52-week low of $0.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.86 million shares traded. The 3-month trading volume is 12.45 million shares.
The consensus among analysts is that Icon Energy Corp (ICON) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Icon Energy Corp (NASDAQ:ICON) trade information
Sporting -48.00% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ICON stock price touched $0.05 or saw a rise of 54.95%. Year-to-date, Icon Energy Corp shares have moved -97.67%, while the 5-day performance has seen it change -42.86%. Over the past 30 days, the shares of Icon Energy Corp (NASDAQ:ICON) have changed -76.36%. Short interest in the company has seen 1.46 million shares shorted with days to cover at 0.05.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 99.29% from current levels. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the current price level is -13900.0% off the targeted high while a plunge would see the stock gain -13900.0% from current levels.
Icon Energy Corp (ICON) estimates and forecasts
The company’s shares have lost -97.61% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 29.58%.
1 have an estimated revenue figure of 2.2M for the next ending quarter.
ICON Dividends
Icon Energy Corp is expected to release its next earnings report on 2024-Nov-10 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.17 at a share yield of 317.31%. The company’s dividend yield has gone up over the past 12 months.
Icon Energy Corp (NASDAQ:ICON)’s Major holders
Insiders own 8.80% of the company shares, while shares held by institutions stand at 6.94% with a share float percentage of 7.61%. Investors are also buoyed by the number of investors in a company, with Icon Energy Corp having a total of 2.0 institutions that hold shares in the company.
