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

iSun, Inc. (NASDAQ:ISUN)’s stock is scheduled to reverse split on the morning of 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 Trading Down 36.9 %

Shares of NASDAQ:ISUN traded down $0.05 on Wednesday, reaching $0.09. 9,588,639 shares of the company traded hands, compared to its average volume of 616,955. The business’s 50-day simple moving average is $0.20 and its 200 day simple moving average is $0.21. iSun has a 52 week low of $0.06 and a 52 week high of $0.75. The stock has a market capitalization of $4.45 million, a P/E ratio of -0.12 and a beta of 1.10. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.61.

Institutional Trading of iSun

An institutional investor recently raised its position in iSun stock. Commonwealth Equity Services LLC increased its holdings in iSun, Inc. (NASDAQ:ISUN) by 442.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 551,600 shares of the company’s stock after purchasing an additional 450,000 shares during the quarter. Commonwealth Equity Services LLC owned approximately 1.67% of iSun worth $124,000 as of its most recent filing with the Securities and Exchange Commission (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.