At the time of writing, Icon Energy Corp [ICON] stock is trading at $0.10, down -0.94%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ICON shares have gain 12.78% over the last week, with a monthly amount drifted -67.59%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Icon Energy Corp fluctuated between $0.09 and $3.85. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Icon Energy Corp [NASDAQ: ICON] shares were valued at $0.10 at the most recent close of the market. An investor can expect a potential return of 6900.0% based on the average ICON price forecast.
Analyzing the ICON fundamentals
Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0983 points at the first support level, and at 0.0915 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1089, and for the 2nd resistance point, it is at 0.1127.
Ratios To Look Out For
It is important to note that Icon Energy Corp [NASDAQ:ICON] has a current ratio of 0.60. Further, the Quick Ratio stands at 0.60. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 0.01 and price to earnings (TTM) ratio is 0.35.
