iSun, Inc. (NASDAQ:ISUN – Get Rating) CFO John Patrick Sullivan acquired 50,000 shares of the stock in a transaction dated Monday, May 22nd. The stock was acquired at an average cost of $0.49 per share, with a total value of $24,500.00. Following the purchase, the chief financial officer now owns 188,599 shares of the company’s stock, valued at approximately $92,413.51. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
iSun Trading Up 4.7 %
ISUN opened at $0.61 on Friday. The business has a fifty day moving average price of $0.71 and a 200 day moving average price of $1.31. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.82 and a quick ratio of 0.74. iSun, Inc. has a 12 month low of $0.47 and a 12 month high of $4.98. The stock has a market capitalization of $8.53 million, a price-to-earnings ratio of -0.53 and a beta of 0.69.
iSun (NASDAQ:ISUN – Get Rating) last announced its quarterly earnings data on Thursday, March 30th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.11. iSun had a negative return on equity of 40.04% and a negative net margin of 21.24%. The business had revenue of $25.86 million during the quarter, compared to analysts’ expectations of $20.60 million. Sell-side analysts expect that iSun, Inc. will post -0.41 earnings per share for the current fiscal year.
Institutional Investors Weigh In On iSun
Wall Street Analysts Forecast Growth
Separately, Roth Capital reissued a “buy” rating on shares of iSun in a research report on Thursday, March 16th.
iSun Company Profile
iSUN, Inc engages in the provision of design, development, engineering, procurement, installation, storage, and electric vehicle infrastructure services for residential, commercial, industrial, and utility customers. The firm is also involved in providing electrical contracting, and data and communication services.
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