November 20, 2023, Sunnova Energy International Inc (NYSE: NOVA) trading session started at the price of $10.95, that was 2.52% jump from the session before. During the day, the shares moved up to $11.195 and dropped to $10.51 before settling in for the closing price of $10.73. A 52-week range for NOVA has been $7.61 – $24.56.
During the last 5-year period, the sales growth of Technology Sector giant was 52.71%. When this article was written, the company’s average yearly earnings per share was at -42.04%. With a float of $106.17 million, this company’s outstanding shares have now reached $114.94 million.
Let’s determine the extent of company efficiency that accounts for 1173 employees. In terms of profitability, gross margin is +33.46, operating margin of -17.77, and the pretax margin is -22.66.
Sunnova Energy International Inc (NOVA) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sunnova Energy International Inc stocks. The insider ownership of Sunnova Energy International Inc is 13.27%, while institutional ownership is 111.37%. The most recent insider transaction that took place on Aug 01, was worth 841,991. In this transaction an insider of this company sold 47,150 shares at a rate of $17.86, taking the stock ownership to the 365,222 shares. Before that another transaction happened on May 19, when Company’s Director bought 10,000 for $14.37, making the entire transaction worth $143,700. This insider now owns 83,689 shares in total.
Sunnova Energy International Inc (NOVA) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.53 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.23) by -$0.3. This company achieved a net margin of -28.98 while generating a return on equity of -13.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.04% per share during the next fiscal year.
Sunnova Energy International Inc (NYSE: NOVA) Trading Performance Indicators
You can see what Sunnova Energy International Inc (NOVA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -1.73 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Looking closely at Sunnova Energy International Inc (NYSE: NOVA), its last 5-days average volume was 6.81 million, which is a jump from its year-to-date volume of 4.52 million. As of the previous 9 days, the stock’s Stochastic %D was 81.98%. Additionally, its Average True Range was 0.91.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 19.98%, which indicates a significant decrease from 92.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.17% in the past 14 days, which was higher than the 82.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.18, while its 200-day Moving Average is $15.10. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $11.29. Second resistance stands at $11.59. The third major resistance level sits at $11.98. If the price goes on to break the first support level at $10.61, it is likely to go to the next support level at $10.22. Now, if the price goes above the second support level, the third support stands at $9.92.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are 122,416K outstanding shares of the company, which has a market capitalization of 1.35 billion. As of now, sales total 557,690 K while income totals -161,640 K. Its latest quarter income was 198,400 K while its last quarter net income were -63,150 K.