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.
iSun Inc (NASDAQ: ISUN) closed the day trading at $0.14 down -15.48% from the previous closing price of $0.17. In other words, the price has decreased by -$15.48 from its previous closing price. On the day, 2.11 million shares were traded. ISUN stock price reached its highest trading level at $0.1605 during the session, while it also had its lowest trading level at $0.136.
Ratios:
For a better understanding of ISUN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 18 ’23 when Meer Claudia Michel sold 4,400 shares for $0.24 per share. The transaction valued at 1,066 led to the insider holds 118,277 shares of the business.
Meer Claudia Michel sold 2,850 shares of ISUN for $691 on Sep 18 ’23. The Director now owns 115,427 shares after completing the transaction at $0.24 per share. On May 25 ’23, another insider, Myrick Frederick JR, who serves as the Executive Vice President of the company, bought 20,000 shares for $0.61 each. As a result, the insider paid 12,186 and bolstered with 744,158 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ISUN now has a Market Capitalization of 6728627 and an Enterprise Value of 19757624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 0.206 whereas that against EBITDA is -3.526.
Stock Price History:
The Beta on a monthly basis for ISUN is 1.34, which has changed by -0.98732144 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ISUN has reached a high of $14.96, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -96.34%, while the 200-Day Moving Average is calculated to be -97.09%.
Shares Statistics:
Over the past 3-months, ISUN traded about 199.75K shares per day on average, while over the past 10 days, ISUN traded about 1357922 shares per day. A total of 47.32M shares are outstanding, with a floating share count of 43.16M. Insiders hold about 8.92% of the company’s shares, while institutions hold 3.82% stake in the company. Shares short for ISUN as of 1713139200 were 655160 with a Short Ratio of 3.28, compared to 1710460800 on 883869. Therefore, it implies a Short% of Shares Outstanding of 655160 and a Short% of Float of 29.45.
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of iSun Inc (ISUN) in the stock market.On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.07, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.2 and -$0.2 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.13, with 1.0 analysts recommending between -$0.13 and -$0.13.
Revenue Estimates
1 analysts predict $17.7M in revenue for the current quarter. It ranges from a high estimate of $17.7M to a low estimate of $17.7M. As of the current estimate, iSun Inc’s year-ago sales were $19.78MFor the next quarter, 1 analysts are estimating revenue of $25.72M. There is a high estimate of $25.72M for the next quarter, whereas the lowest estimate is $25.72M.
A total of 1 analysts have provided revenue estimates for ISUN’s current fiscal year. The highest revenue estimate was $100.3M, while the lowest revenue estimate was $100.3M, resulting in an average revenue estimate of $100.3M. In the same quarter a year ago, actual revenue was $95.68MBased on 1 analysts’ estimates, the company’s revenue will be $113.7M in the next fiscal year. The high estimate is $113.7M and the low estimate is $113.7M.
