Icon Energy Corp (NASDAQ: ICON) is -86.32% lower on its value in year-to-date trading and has touched a low of $0.31 and a high of $3.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ICON stock was last observed hovering at around $0.32 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.31, the stock is -74.39% and -83.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing -4.69% at the moment leaves the stock -86.43% off its SMA200. ICON registered a loss of -88.13% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $1.92634 and a 200-day simple moving average (SMA200) of $2.261993.
The stock witnessed a -86.14% gain in the last 1 month and extending the period to 3 months gives it a -85.60%, and is -23.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.55% over the week and 14.47% over the month.
Current P/E ratio is 1.01. Profit margin for the company is 20.10%. Distance from 52-week low is 0.00% and -92.08% from its 52-week high.
, but quarterly earnings will post 29.58% year-over-year.
3.0 institutions hold shares in Icon Energy Corp (ICON), with institutional investors hold 8.71% of the company’s shares. The shares outstanding are 10.61M, and float is at 9.68M with Short Float at 0.17%. Institutions hold 7.95% of the Float.
