iSun Inc (NASDAQ:ISUN) traded at $0.17 at close of the session on Friday, April 26, made a downward move of -2.44% on its previous day’s price.
Looking at the stock we see that its previous close was $0.17 . In terms of its 52-week price range, ISUN has a high of $0.75 and a low of $0.06. The company’s stock has lost about -29.32% over that past 30 days.
iSun Inc has a market cap of $7.96 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.05, with the EPS growth for the year raised at -$0.13 for 2024 and -$0.04 for next year. These figures represent 71.70% and 69.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $18.7 million, with a low of $17.7 million and a high of $19.7 million. The median projection represents growth adding up to -5.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $110.11 million, or 15.10% up from figures reported last year.
On the other hand, looking at the outlook for the ISUN stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -16.97% off its SMA20 and -15.05% from its 50-day simple moving average. The RSI (14) is pointing at 45.27 while the volatility over the past week is 60.56% and jumps to 24.59% over the past one month. The beta value is 1.19, while the average true range (ATR) is currently pointing at 0.03.
Coming back to iSun Inc (NASDAQ:ISUN), we note that the average 3-month trading volume was 843.06K. Current shares outstanding are 47.32 million.
The insiders hold 8.92% of the company’s shares while institutions hold 3.82%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -46.36% down in year-to-date price movement.
