Infrastructure and Energy Alternatives, Inc. (IEA) Seems To Be Turning Some Investors Off

Infrastructure and Energy Alternatives, Inc. (IEA) has seen some recent volatility in the stock market and its shares were last quoted at $1.6800 yesterday. People are starting to take interest of IEA as the shares traded as high as $1.9900 and as low as $1.6400 in the previous market day.

Infrastructure and Energy Alternatives, Inc. (IEA) average trading volume is 37.08K. However, in the previous market day Infrastructure and Energy Alternatives, Inc. (IEA) exchanged 196,520 shares. the first resistance level on IEA is $4.00. IEA 50-day moving average is $1.9715 and IEA 200-day moving average is $2.7731.

Infrastructure and Energy Alternatives, Inc. (IEA) recent performance has been shown by the recent movement in IEA shares. IEA has performed -13.40% over the past 4 weeks, IEA has performed -43.62% over the past 90 days and IEA has shown -61.90% over the past 12 months. Infrastructure and Energy Alternatives, Inc. (IEA) has a 52 week range of $1.6400 to $4.8300. Infrastructure and Energy Alternatives, Inc. (IEA) is trading 2.44% from its 52 week low and -65.43% from its 52 week high. Infrastructure and Energy Alternatives, Inc. (IEA) is displaying a 0.52% short float displaying the quantity short in the float.

IEA has 24.15M shares outstanding and 20.69M shares in the float. Infrastructure and Energy Alternatives, Inc. (IEA) at this time has a market cap of $40.57M and income of $-19.70M. The EPS next quarter for IEA is 0.02 and projected EPS net year is 135.00%. The market cap of Infrastructure and Energy Alternatives, Inc. (IEA) at $40.57M represents how many People own shares of IEA and is based off the last price ($1.6800) of IEA and the quantity of shares outstanding (24.15M) with Infrastructure and Energy Alternatives, Inc. (IEA).

Infrastructure and Energy Alternatives, Inc. (IEA) has total cash (mrq) of 58.08M, total cash per share (mrq) of 2.81, total debt of IEA is at 439.41M. Infrastructure and Energy Alternatives, Inc. (IEA) operating cash flow (ttm) is 43.18M and IEA leveraged free cash flow (ttm) is 15.27M.

IEA is trading -15.23% below (bearish) its SMA20, -19.74% below (bearish) its SMA50 and -44.71% below (bearish) its SMA200.

Recent News:

In recent news, on May 7, 2020, it stated, Infrastructure and Energy Alternatives, Inc. (IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, announced its financial results for the quarter ended March 31, 2020.

About Infrastructure and Energy Alternatives, Inc. (IEA):

Infrastructure and Energy Alternatives is a leading infrastructure construction company with specialized energy and heavy civil expertise. Headquartered in Indianapolis, Indiana, with operations throughout the country, the company offers a full spectrum of delivery models including full engineering, procurement, and construction (EPC), turnkey, design-build, balance of plant (BOP), and subcontracting services. The company one of three Tier 1 wind energy contractors in the U.