logo

Icon Energy Corp Inc. (ICON) Price Performance: A Fundamental Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -87.04%. However, over the last six months, the performance has been stronger by -86.24%. The price of ICON decreased -77.95% over the last 30 days. And in the last five days, it has fallen by -6.84%.

52-week price history of ICON Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Icon Energy Corp’s current trading price is -92.50% away from its 52-week high, while its distance from the 52-week low is 7.00%. The stock’s price range during this period has varied between$0.27 and $3.85. The Icon Energy Corp’s shares, which operate in the Industrials, saw a trading volume of around 6.68 million for the day, a figure considerably higher than their average daily volume of 1.85 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Icon Energy Corp (ICON) has experienced a quarterly decline of -86.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.07M.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.7998, with a change in price of -1.8111. Similarly, Icon Energy Corp recorded 1,182,253 in trading volume during the last 100 days, posting a change of -86.24%.

ICON’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ICON stands at 1.29. Similarly, the long-term debt-to-equity ratio is also 1.10.

ICON Stock Stochastic Average

As of today, Icon Energy Corp’s raw stochastic average for the last 50 days stands at 0.78%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 6.10%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.79% and 7.13%, respectively.

Most Popular