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Icon Energy Corp (ICON) Stock Could Soon Reward Patient Investors

Icon Energy Corp (NASDAQ: ICON) is -88.97% lower on its value in year-to-date trading and has touched a low of $0.27 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 $0.29 in the last trading session, with the day’s loss setting it -0.04%.

Currently trading at $0.25, the stock is -26.49% and -81.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.89 million and changing -14.85% at the moment leaves the stock -88.27% off its SMA200. ICON registered a loss of -88.29% in past 6-months..

The stock witnessed a -54.44% gain in the last 1 month and extending the period to 3 months gives it a -88.40%, and is -29.51% 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 14.87% over the week and 13.51% over the month.

Current P/E ratio is 0.81. Profit margin for the company is 20.10%. Distance from 52-week low is -8.89% and -93.61% from its 52-week high.

, but quarterly earnings will post 29.58% year-over-year.

Icon Energy Corp (ICON) Top Institutional Holders

The shares outstanding are 10.61M, and float is at 9.68M with Short Float at 15.04%.

Icon Energy Corp (ICON) Insider Activity

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