Market cap of Icon Energy Corp [ICON] reaches 3.70M – now what?

Icon Energy Corp [NASDAQ: ICON] jumped around 0.04 points on Friday, while shares priced at $0.35 at the close of the session, up 12.54%.

Compared to the average trading volume of 1.26M shares, ICON reached a trading volume of 14907996 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Icon Energy Corp [ICON]?

The Average True Range (ATR) for Icon Energy Corp is set at 0.11, with the Price to Sales ratio for ICON stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 0.04, with the Price to Cash per share for the same quarter was set at 0.12.

How has ICON stock performed recently?

Icon Energy Corp [ICON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.66. With this latest performance, ICON shares dropped by -83.22% in over the last four-week period, additionally sinking by -85.15% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ICON stock in for the last two-week period is set at 19.81, with the RSI for the last a single of trading hit 22.03, and the three-weeks RSI is set at 22.11 for Icon Energy Corp [ICON]. The present Moving Average for the last 50 days of trading for this stock 1.5588, while it was recorded at 0.3094 for the last single week of trading.

Icon Energy Corp [ICON]: Deeper insight into the fundamentals

Icon Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Insider trade positions for Icon Energy Corp [ICON]

There are presently around $6.94%, or 7.61%% of ICON stock, in the hands of institutional investors.