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Sun Inc Down 12.74% To $0.57 After Earnings

Monday, May 15, 2023 12:23 PM | InvestorsObserver Analysts

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Sun Inc Down 12.74% To $0.57 After Earnings







The stock is down 12.74% to $0.57 after the report.

Sun Inc's profit margins maintained as both earnings and revenue declined at the same pace.

The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.

Trading in the five days leading up to the report earned Sun Inc a Bullish Sentiment Rank from InvestorsObserver.

Prior to the report, InvestorsObserver gave the stock an overall score of 49. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

iSun Inc is a solar engineering, procurement, and construction(EPC) company. It is a provider of solar power, electric mobility, and smart city solutions for government, commercial, retail, academic and data-center projects. Its solutions include Commercial sites, Schools, Fleets, and Parks among others.

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