Icon Energy (NASDAQ:ICON) Issues Earnings Results

Icon Energy (NASDAQ:ICON) released its quarterly earnings results on Tuesday. The brand management company reported ($0.33) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $3.65 million during the quarter.

Icon Energy Trading Down 8.3%

Shares of ICON stock opened at $1.00 on Wednesday. The business’s 50 day moving average is $1.17 and its two-hundred day moving average is $1.96. Icon Energy has a twelve month low of $0.78 and a twelve month high of $16.75. The company has a market capitalization of $690,000.00, a P/E ratio of -0.04 and a beta of 5.75. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 1.52.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Icon Energy stock. Yorkville Advisors Global LP acquired a new position in Icon Energy Corp. (NASDAQ:ICON) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,249 shares of the brand management company’s stock, valued at approximately $95,000. Icon Energy makes up 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 27th biggest holding. Yorkville Advisors Global LP owned about 2.03% of Icon Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Icon Energy to a “hold” rating in a research note on Saturday, February 21st.

Icon Energy Company Profile

Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.