Iconix Brand Group Inc. (ICON): Important & Key Factors of Consumer Cyclical Stock

Iconix Brand Group Inc. (ICON) share price soared 41.80% with the closing price of $1.03 on Monday. Iconix Brand Group Inc. stock has an exchanging volume of 20.24 million shares, which is high, contrasted with its 3-months average volume of 754.22K shares. Its market capitalization has now reached to $12.34M.

ICON Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, ICON price has rose by 49.25%. In the course of past three months sees the stock go down around -0.96%, while it has gain 87.24% over the past six months and -23.70% since the start of the year.

ICON Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 22.28 billion, which was higher than the gauge of 22.28M made by certain experts. For that equivalent quarter, Iconix Brand Group Inc. posted -$0.66 earnings per share (EPS) which was underneath the consensus estimate of -$0.33 by -$0.33, which represents to a reduction by -100.00%.

ICON Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Iconix Brand Group Inc. has seen its stock exchanging -32.68% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +61.90% above its three-month low. A more extensive look sees ICON exchanging -62.55% beneath its 52-week high and 103.08% above from its 52-week low price.

ICON Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 16.93%, while it has a month to month instability of 9.79%. The company has an ATR (Average True Range) of 0.08 and a beta factor of 2.21.

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