In the current trading session, Icon Energy Corp’s (ICON) stock is trading at the price of $0.51, a fall of -61.30% over last night’s close. So, the stock is trading at a price that is -86.83% less than its 52-week high of $3.85 and -61.00% better than its 52-week low of $1.30. Based on the past 30-day period, the stock price is -78.83% below the high and +21.45% above the low.
It is also essential to consider ICON stock ratios like the price-to-sales ratio, which is 0.15 for the last year.Likewise, its price to free cash flow for the last twelve months stands at 0.46. ICON’s price to book ratio for the most recent quarter was 0.05, resulting in an 0.41 price to cash per share for the period.
How does Icon Energy Corp (ICON) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.
Icon Energy Corp (NASDAQ: ICON) Ownership Details
I will give a breakdown of the key shareholders in Icon Energy Corp (ICON). Recent figures show that the company’s insiders hold 13.79% of shares. A total of 3 institutional investors hold shares in the company, making 7.62% of its stock and 8.84% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Anson Funds Management LP holding total of 59.66 shares that make 4.11% of the company’s total number of shares and are currently priced at 28525.0.
The securities firm Hudson Bay Capital Management Lp holds 49.39 shares of ICON, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 3.41%, and the holding percentage of shares is valued at 23611.0.
An overview of Icon Energy Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Icon Energy Corp (ICON) traded 395,928 shares per day, with a moving average of $1.9756 and price change of -1.5169. With the moving average of $2.2083 and a price change of -1.5769, about 183,533 shares changed hands on average over the past 50 days. Finally, ICON’s 100-day average volume is 101,108 shares, alongside a moving average of $2.2062 and a price change of -2.3069.
