On Monday, Sunnova Energy International Inc (NYSE: NOVA) opened lower -0.67% from the last session, before settling in for the closing price of $10.47. Price fluctuations for NOVA have ranged from $3.37 to $16.35 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 51.41% over the last five years. Company’s average yearly earnings per share was noted 33.51% at the time writing. With a float of $102.44 million, this company’s outstanding shares have now reached $122.47 million.
The firm has a total of 2047 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.24%, operating margin of -32.75%, and the pretax margin is -75.42%.
Sunnova Energy International Inc (NOVA) Insider Activity
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Sunnova Energy International Inc is 17.96%, while institutional ownership is 104.27%. The most recent insider transaction that took place on Aug 23 ’24, was worth 871,039. In this transaction an insider of this company sold 77,000 shares at a rate of $11.31, taking the stock ownership to the 409,045 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 77,000 for $11.30, making the entire transaction worth $870,227.
Sunnova Energy International Inc (NOVA) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 33.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -14.00% during the next five years compared to -17.44% drop over the previous five years of trading.
Sunnova Energy International Inc (NYSE: NOVA) Trading Performance Indicators
Check out the current performance indicators for Sunnova Energy International Inc (NOVA). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.90, a number that is poised to hit -0.50 in the next quarter and is forecasted to reach -2.54 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Analysing the last 5-days average volume posted by the [Sunnova Energy International Inc, NOVA], we can find that recorded value of 4.3 million was lower than the volume posted last year of 8.02 million. As of the previous 9 days, the stock’s Stochastic %D was 45.64%. Additionally, its Average True Range was 0.78.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 83.10%, which indicates a significant increase from 41.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.68% in the past 14 days, which was lower than the 115.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.14, while its 200-day Moving Average is $7.98. Now, the first resistance to watch is $10.63. This is followed by the second major resistance level at $10.87. The third major resistance level sits at $11.08. If the price goes on to break the first support level at $10.18, it is likely to go to the next support level at $9.97. Should the price break the second support level, the third support level stands at $9.73.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are currently 123,982K shares outstanding in the company with a market cap of 1.30 billion. Presently, the company’s annual sales total 720,650 K according to its annual income of -417,960 K. Last quarter, the company’s sales amounted to 219,600 K and its income totaled -33,050 K.
