Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.10 in the prior trading day, Icon Energy Corp (NASDAQ: ICON) closed at $0.05, down -48.00%. In other words, the price has decreased by -$48.00 from its previous closing price. On the day, 26.16 million shares were traded. ICON stock price reached its highest trading level at $0.0968 during the session, while it also had its lowest trading level at $0.05.
Ratios:
Our goal is to gain a better understanding of ICON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICON now has a Market Capitalization of 1502150 and an Enterprise Value of 14960400. As of this moment, Icon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 3.11 whereas that against EBITDA is 8.9.
Stock Price History:
Over the past 52 weeks, ICON has reached a high of $3.85, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -85.65%, while the 200-Day Moving Average is calculated to be -97.17%.
Shares Statistics:
The stock has traded on average 12.45M shares per day over the past 3-months and 14856890 shares per day over the last 10 days, according to various share statistics. A total of 10.61M shares are outstanding, with a floating share count of 9.68M. Insiders hold about 8.80% of the company’s shares, while institutions hold 5.10% stake in the company. Shares short for ICON as of 1741910400 were 1461431 with a Short Ratio of 0.12, compared to 1739491200 on 1932815.
Dividends & Splits
In the trailing 12 months, ICON’s forward annual dividend rate was 0.165, compared to 0.17 this year. Against a Trailing Annual Dividend Yield of 1.6500001