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 $0.97, up 0.52% from the previous day, and has decreased 92.02% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.3 percentage points. Icon Energy stock is currently +23.6% from its 52-week low of $0.78, and -94.21% from its 52-week high of $16.75.
At the moment, there are 3.21M ICON shares outstanding. The market cap of ICON is $3.11M. In the past 24 hours, 63,000 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.
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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.
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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/E ratio of 0.18x, relative to Marine Shipping industry P/E ratio of 13.88x
- ICON could be undervalued based on its P/B ratio of 0.11x, relative to Marine Shipping industry P/B ratio of 1.15x
You can access additional valuation analysis on ICON's stock here.
ICON Financial Health
Signs that ICON is financially healthy:
- ICON has cash burn of 5781000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ICON balance sheet.
- ICON has $9.18M in cash and short term investments. This is enough to cover its annual cash burn of $5.78M.
Signs that ICON is not financially healthy:
- ICON has a relatively high debt to equity ratio of 1.3.
- ICON profit margin has gone up by 0.63 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the ICON balance sheet.
You can dive deeper into what analysts are projecting on the Icon Energy stock forecast page.
ICON Technical Indicators
ICON Earnings
Last year, ICON revenue was $13.38M. During the last one years, ICON's revenue has increased by 144.37% per year. This was faster than the Marine Shipping industry average of 11.37%.
Learn more about ICON's earnings and revenue performance here.
Are ICON insiders buying or selling the stock?
In the past year, insiders at ICON have not bought or sold any shares.
Learn more about who owns ICON stock here.
Can I rely on ICON as an income stream?
Get more info about Icon Energy dividend yield and history here.
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Step 5: Make your ICON buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and your broker will execute your order.
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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 new shares.
Create a watchlist to track your ICON stock.
ICON Feed
How to Buy Stock in Icon Energy
To reiterate, here are the 6 steps to buy Icon Energy stock:
- 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 require a brokerage, eToro is our recommended option.
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