Icon Energy (NASDAQ:ICON) Releases Quarterly Earnings Results

Icon Energy (NASDAQ:ICON) announced its quarterly earnings results on Friday. The brand management company reported ($0.62) EPS for the quarter, FiscalAI reports. The firm had revenue of $4.19 million during the quarter.

Icon Energy Stock Down 0.5%

Shares of ICON traded down $0.01 during midday trading on Friday, hitting $1.03. The company had a trading volume of 22,771 shares, compared to its average volume of 36,850. The company’s 50-day simple moving average is $0.97 and its 200-day simple moving average is $1.18. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.52 and a current ratio of 2.57. The firm has a market capitalization of $714,150.00, a P/E ratio of -0.04 and a beta of 5.59. Icon Energy has a 1 year low of $0.78 and a 1 year high of $11.85.

Hedge Funds Weigh In On Icon Energy

A hedge fund recently bought a new position in Icon Energy stock. Citadel Advisors LLC acquired a new stake in Icon Energy Corp. (NASDAQ:ICON) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,018 shares of the brand management company’s stock, valued at approximately $95,000. Citadel Advisors LLC owned approximately 2.02% of Icon Energy at the end of the most recent reporting period.

Icon Energy Company Profile

Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.