In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, iSun Inc (NASDAQ: ISUN) closed at $0.15 down -6.46% from its previous closing price of $0.16. In other words, the price has decreased by $-6.46 from its previous closing price. On the day, 0.72 million shares were traded. ISUN stock price reached its highest trading level at $0.165 during the session, while it also had its lowest trading level at $0.1454.
Ratios:
For a deeper understanding of iSun Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 7003458 and an Enterprise Value of 20515778. 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 0.53. Its current Enterprise Value per Revenue stands at 0.214 whereas that against EBITDA is -3.661.
Stock Price History:
The Beta on a monthly basis for ISUN is 1.23, which has changed by -0.7569231 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, ISUN has reached a high of $0.81, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -27.18%, while the 200-Day Moving Average is calculated to be -41.02%.
Shares Statistics:
For the past three months, ISUN has traded an average of 409.27K shares per day and 477870 over the past ten days. 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 1711584000 were 636609 with a Short Ratio of 1.56, compared to 1709164800 on 827907. Therefore, it implies a Short% of Shares Outstanding of 636609 and a Short% of Float of 1.43.
Earnings Estimates
The stock of iSun Inc (ISUN) is currently being evaluated by Sunoco LP analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.15, with high estimates of $39.98 and low estimates of $3.18.
