Sunnova Energy International Inc (NOVA) 14-day ATR is 0.62: This Stock is Set to Soar Above its Peers

As on Wednesday, Sunnova Energy International Inc (NYSE: NOVA) got off with the flyer as it spiked 1.29% to $3.92, before settling in for the price of $3.87 at the close. Taking a more long-term approach, NOVA posted a 52-week range of $3.77-$24.56.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 51.41%. Meanwhile, its Annual Earning per share during the time was -17.44%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 26.21%. This publicly-traded company’s shares outstanding now amounts to $122.47 million, simultaneously with a float of $105.94 million. The organization now has a market capitalization sitting at $480.12 million. At the time of writing, stock’s 50-day Moving Average stood at $6.74, while the 200-day Moving Average is $11.43.

Sunnova Energy International Inc (NOVA) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. Sunnova Energy International Inc’s current insider ownership accounts for 13.51%, in contrast to 110.28% institutional ownership. According to the most recent insider trade that took place on Mar 25 ’24, this organization’s insider sold 7,409 shares at the rate of 5.89, making the entire transaction reach 43,639 in total value, affecting insider ownership by 67,579. Preceding that transaction, on Mar 25 ’24, Company’s insider sold 6,710 for 5.89, making the whole transaction’s value amount to 39,522. This particular insider is now the holder of 141,529 in total.

Sunnova Energy International Inc (NOVA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 11.80 per share during the current fiscal year.

Sunnova Energy International Inc’s EPS increase for this current 12-month fiscal period is 26.21% and is forecasted to reach -2.22 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -14.00% through the next 5 years, which can be compared against the -17.44% growth it accomplished over the previous five years trading on the market.

Sunnova Energy International Inc (NYSE: NOVA) Trading Performance Indicators

Let’s observe the current performance indicators for Sunnova Energy International Inc (NOVA). It’s Quick Ratio in the last reported quarter now stands at 0.72. The Stock has managed to achieve an average true range (ATR) of 0.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.67.

In the same vein, NOVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.51, a figure that is expected to reach -0.81 in the next quarter, and analysts are predicting that it will be -2.22 at the market close of one year from today.

Technical Analysis of Sunnova Energy International Inc (NOVA)

Through scrutinizing the latest numbers posted by the [Sunnova Energy International Inc, NOVA], it can be observed that its last 5-days Average volume of 8.43 million was lower the volume of 9.24 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 7.36% While, its Average True Range was 0.56.

Raw Stochastic average of Sunnova Energy International Inc (NOVA) in the period of the previous 100 days is set at 1.19%, which indicates a major fall in contrast to 6.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 109.51% that was lower than 119.84% volatility it exhibited in the past 100-days period.