With 6.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.12 million shares. The 52-week range on ICON shows that it touched its highest point at $3.85 and its lowest point at $0.23 during that stretch. It currently has a 1-year price target of $1.25. With its current market cap of 2.33 million, ICON has annualized dividend of $0.17 while the current yield stands at 75.00%.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ICON was down-trending over the past week, with a drop of -32.10%, but this was down by -56.44% over a month. Three-month performance dropped to -89.54% while six-month performance fell -89.27%. A look at the trailing 12-month EPS for ICON yields 0.30 with Next year EPS estimates of -0.31.
Float and Shares Shorts:
At present, 10.61 million ICON shares are outstanding with a float of 9.68 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ICON since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.11 being high and -$1.11 being low. For ICON, this leads to a yearly average estimate of -$1.11. Based on analyst estimates, the high estimate for the next quarter is -$0.63 and the low estimate is -$0.63. The average estimate for the next quarter is thus -$0.63.
