iSun (NASDAQ:ISUN) Shares Scheduled to Reverse Split on Friday, April 26th

iSun, Inc. (NASDAQ:ISUN) shares are scheduled to reverse split on Friday, April 26th. The 1-20 reverse split was announced on Friday, April 26th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 26th.

iSun Stock Performance

ISUN stock traded down $0.05 during trading hours on Wednesday, reaching $0.09. The stock had a trading volume of 9,588,639 shares, compared to its average volume of 616,955. iSun has a fifty-two week low of $0.06 and a fifty-two week high of $0.75. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.89 and a quick ratio of 0.85. The stock has a market capitalization of $4.45 million, a PE ratio of -0.12 and a beta of 1.10. The stock has a 50-day simple moving average of $0.20 and a 200 day simple moving average of $0.21.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iSun stock. Commonwealth Equity Services LLC boosted its stake in iSun, Inc. (NASDAQ:ISUN) by 442.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 551,600 shares of the company’s stock after buying an additional 450,000 shares during the period. Commonwealth Equity Services LLC owned approximately 1.67% of iSun worth $124,000 as of its most recent filing with the SEC. 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.