How to Buy Icon Energy Stock
Icon Energy Corp
Icon Energy Corp. , a shipping firm founded in 2023, is headquartered in Athens, Greece. As a subsidiary of Atlantis Holding Corp.
Icon Energy stock last closed at $0.88, down 0.23% from the previous day, and has decreased 91.75% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.07 percentage points. Icon Energy stock is currently +12.12% from its 52-week low of $0.78, and -92.49% from its 52-week high of $11.70.
At the moment, there are 3.76M ICON shares outstanding. The market cap of ICON is $3.30M. In the past 24 hours, 22,700 ICON shares were traded.
How to Buy Icon Energy Stock
Not sure how to invest in Icon Energy stock? Here's how.
- Choose where to buy Icon Energy stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Icon Energy stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Icon Energy stock: The Icon Energy ticker symbol is ICON. Is Icon Energy stock a good investment? Should you buy shares of ICON? How do ICON's underlying business fundamentals look? Do top analysts think Icon Energy is a good buy? Why has ICON's stock price moved recently? (Hint: Our stock market research website can help you figure out if ICON is a good stock to buy).
- Make your ICON buy order: Decide if you will purchase ICON shares at the current market price or use a limit order to buy ICON stock at a particular price.
- Keep tabs on your investment in ICON: Create a watchlist to get the latest news on your investment in Icon Energy stock.
Step 1: Choose where to buy Icon Energy stock
You will need an online brokerage account to access the NASDAQ market and buy ICON stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Technology to Utilities, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to invest in ICON today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock market app for beginners, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Analyze Icon Energy stock
Once you have identified the best place to buy Icon Energy stock, it's very important to analyze their stock prior to investing, so you truly wrap your head around the risk and upside.
Icon Energy quick stats
Fundamentals of Icon Energy
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ICON's stock page.
How is ICON stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ICON's true value.
Using relative valuations metrics:
- ICON could be undervalued based on its P/B ratio of 0.12x, relative to Marine Shipping industry P/B ratio of 1.32x
You can access additional valuation analysis on ICON's stock here.
ICON Financial Summary
Signs that ICON is financially healthy:
- There are more short-term assets than short-term liabilities on the ICON balance sheet.
- ICON has $7.72M in cash and short term investments. This is enough to cover its annual cash burn of $1.09M.
- ICON has cash burn of 1093000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that ICON is not financially healthy:
- ICON profit margin has gone up by 0.83 percentage points in the past year, but the company is still unprofitable.
- ICON has a relatively high debt to equity ratio of 1.37.
- There are more long-term liabilities than short-term assets on the ICON balance sheet.
You can dive deeper into what analysts are saying on the Icon Energy stock forecast page.
ICON Technicals
How are ICON Revenues/Earnings doing?
Last year, ICON revenue was $15.54M. Over the last two year, ICON's revenue has gone up by 78.35% per year. This was faster than the Marine Shipping industry average of 22.8%.
You can analyze ICON's earnings and revenue performance here.
Latest Insiders Trades at ICON
In the past 12 months, executives and large shareholders at ICON have not bought or sold any shares.
Learn more about who owns ICON shares here.
Does ICON provide a stable income stream?
No, Icon Energy doesn't provide an income stream by paying out dividends.
What others are saying about ICON
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your ICON buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more help investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in ICON
Now that you own some ICON stock, you'll want to stay up-to-date on your company.
Make a watchlist to keep tabs on your ICON stock.
ICON Feed
How to Buy Stock in Icon Energy
To summarize, here are the 6 steps you need to take to buy Icon Energy stock right now:
- Choose where to buy Icon Energy stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Icon Energy stock
- Make your ICON buy order
- Keep tabs on your investment in ICON
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Icon Energy, get started below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.