iSun (NASDAQ:ISUN) Shares Down 4.1%

iSun, Inc. (NASDAQ:ISUN)’s share price was down 4.1% during trading on Wednesday . The company traded as low as $0.23 and last traded at $0.23. Approximately 85,083 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 495,393 shares. The stock had previously closed at $0.24.

iSun Trading Down 4.1 %

The firm has a market cap of $10.93 million, a P/E ratio of -0.39 and a beta of 1.10. The stock has a fifty day simple moving average of $0.21 and a 200 day simple moving average of $0.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.82.

Institutional Trading of iSun

A number of institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC boosted its stake in shares of iSun by 442.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 551,600 shares of the company’s stock worth $124,000 after buying an additional 450,000 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of iSun by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 361,668 shares of the company’s stock worth $1,482,000 after buying an additional 10,213 shares during the last quarter. United Capital Financial Advisers LLC purchased a new position in shares of iSun in the 4th quarter worth $306,000. Renaissance Technologies LLC boosted its stake in shares of iSun by 90.8% in the 2nd quarter. Renaissance Technologies LLC now owns 195,500 shares of the company’s stock worth $78,000 after buying an additional 93,014 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of iSun by 29.3% in the 3rd quarter. State Street Corp now owns 29,158 shares of the company’s stock worth $64,000 after buying an additional 6,600 shares during the last quarter. Institutional investors own 11.80% of the company’s stock.

iSun Company Profile

iSun, Inc, a solar energy company, provides design, development, engineering, procurement, installation, storage, and electric vehicle infrastructure services for residential, commercial, industrial, and utility customers in the United States. It also provides electrical contracting services; and data and communication services.