Icon Energy (NASDAQ:ICON) Posts Quarterly Earnings Results

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

Icon Energy Trading Down 5.0%

Shares of ICON stock opened at $0.95 on Thursday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.10 and a quick ratio of 1.03. The company has a market cap of $655,500.00, a price-to-earnings ratio of -0.04 and a beta of 5.75. The stock has a 50 day simple moving average of $1.17 and a 200-day simple moving average of $1.94. Icon Energy has a 1-year low of $0.78 and a 1-year high of $16.75.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Icon Energy stock. Yorkville Advisors Global LP purchased a new position in shares of Icon Energy Corp. (NASDAQ:ICON) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 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 investment portfolio, making the stock its 27th biggest position. Yorkville Advisors Global LP owned approximately 2.03% of Icon Energy as of its most recent filing with the Securities & Exchange Commission.

Analysts Set New Price Targets

Separately, Wall Street Zen raised 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.