How to Buy Icon Energy Stock
Icon Energy Corp
Icon Energy Corp. operates as an international shipping company. The Company focuses on acquiring, owning, chartering, and operating dry bulk vessels, as well as offers sea-borne transportation services for dry bulk cargo, including iron ore, coal, grains and bauxite, steel, sugar, fertilizers, cement, and scrap metal.
Icon Energy stock last closed at $2.08, down 2.8% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Marine Shipping industry by N/A percentage points. Icon Energy stock is currently +30% from its 52-week low of $1.60, and -98.63% from its 52-week high of $151.41.
How to Buy Icon Energy Stock
Wondering how to invest in Icon Energy stock? Here's how.
- Choose where to buy Icon Energy stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine 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 identified.
- Deposit funds into your brokerage account: Choose 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 analysis tools can help you decide 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 important notifications about your investment in Icon Energy shares.
Step 1: Choose where to buy Icon Energy stock
You need an online brokerage account in order to access the NASDAQ market and buy ICON stock.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can invest in ICON stock 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.
- Provide your personal info to start a new trading account.
- Send your data 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 app for investing, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your new investment account.
Step 4: Analyze Icon Energy stock
Once you have chosen the best place to buy Icon Energy stock, it's absolutely critical to analyze their stock prior to buying, so you can understand the risk and upside.
Icon Energy shares at a glance
Fundamentals of ICON
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can view 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 intrinsic value.
Using relative valuations metrics:
- ICON could be undervalued based on its P/E ratio of 0.01x, relative to Marine Shipping industry P/E ratio of 8.5x
You can do additional valuation research on ICON's stock here.
ICON Financial Summary
Signs that ICON is financially healthy:
- ICON earnings of $1.16M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the ICON balance sheet.
- ICON's operating cash flow of $2.51M allows it to safely service it's debt of $0.00.
Signs that ICON is not financially healthy:
- ICON profit margin has gone down from 58.6% to 25.8% in the past year.
- There are more short-term liabilities than short-term assets on the ICON balance sheet.
- ICON has a relatively high debt to equity ratio of 0.41.
ICON Momentum
How are ICON Revenues/Earnings doing?
Last year, ICON earnings were $1.16M. During the past one years, ICON's earnings have increased by -72.75% per year. This was slower than the Marine Shipping industry average of 39.43%.
Last year, ICON revenue was $4.48M. During the past 1 years, ICON's revenue has gone up by -38.19% per year. This was slower than the Marine Shipping industry average of 37.34%.
You can analyze ICON's earnings and revenue performance here.
Who is buying/selling ICON?
In the past year, insiders at ICON have not bought or sold any shares.
Get more info about who owns ICON shares here.
Does ICON provide a stable income stream?
Icon Energy pays a dividend of 317.31%, compared to the Marine Shipping industry's average dividend yield of 21.89%. If you owned $1,000 of ICON stock, you would have received $3,173.08 in the past 12 months.
Get more info about Icon Energy dividend yield and history here.
ICON Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your ICON buy order
There are 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 is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you need additional help with buying 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 keep up with your new investment.
Put ICON on a watchlist to keep tabs on your ICON stock.
ICON Feed
How to Buy Stock in Icon Energy
To reiterate, here are the 6 steps for buying 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 are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Icon Energy, get started below.
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