Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.14 in the prior trading day, iSun Inc (NASDAQ: ISUN) closed at $0.13, down -3.20%. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 0.83 million shares were traded. ISUN stock price reached its highest trading level at $0.145 during the session, while it also had its lowest trading level at $0.132.
Ratios:
Our goal is to gain a better understanding of ISUN by taking a closer 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 6302165 and an Enterprise Value of 19331162. 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 0.48. Its current Enterprise Value per Revenue stands at 0.202 whereas that against EBITDA is -3.45.
Stock Price History:
The Beta on a monthly basis for ISUN is 1.49, which has changed by -0.9877679 over the last 52 weeks, in comparison to a change of 0.22379243 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 $0.12. The 50-Day Moving Average of the stock is -96.26%, while the 200-Day Moving Average is calculated to be -97.18%.
Shares Statistics:
The stock has traded on average 294.76K shares per day over the past 3-months and 1717415 shares per day over the last 10 days, according to various share statistics. 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 3.61% stake in the company. Shares short for ISUN as of 1713139200 were 655160 with a Short Ratio of 2.22, compared to 1710460800 on 883869. Therefore, it implies a Short% of Shares Outstanding of 655160 and a Short% of Float of 1.47.
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.
