A Little Luck Can Go a Long Way with Solaredge Technologies Inc (SEDG) as it 5-day change was 16.80%

Solaredge Technologies Inc (NASDAQ: SEDG) open the trading on Thursday, with a bit cautious approach as it glided -2.26% to $21.20, before settling in for the price of $21.69 at the close. Taking a more long-term approach, SEDG posted a 52-week range of $17.12-$141.70.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 28.62%. Meanwhile, its Annual Earning per share during the time was -25.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -249.06%. This publicly-traded company’s shares outstanding now amounts to $57.12 million, simultaneously with a float of $56.59 million. The organization now has a market capitalization sitting at $1.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.47, while the 200-day Moving Average is $53.94.

Solaredge Technologies Inc (SEDG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Solar industry. Solaredge Technologies Inc’s current insider ownership accounts for 1.23%, in contrast to 103.96% institutional ownership. According to the most recent insider trade that took place on Feb 29 ’24, this organization’s Director bought 7,000 shares at the rate of 67.75, making the entire transaction reach 474,250 in total value, affecting insider ownership by 77,446. Preceding that transaction, on Nov 09 ’23, Company’s Director bought 5,000 for 73.49, making the whole transaction’s value amount to 367,450. This particular insider is now the holder of 29,049 in total.

Solaredge Technologies Inc (SEDG) Earnings and Revenue Records

Solaredge Technologies Inc’s EPS decrease for this current 12-month fiscal period is -249.06% and is forecasted to reach -0.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -12.78% through the next 5 years, which can be compared against the -25.90% growth it accomplished over the previous five years trading on the market.

Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators

Let’s observe the current performance indicators for Solaredge Technologies Inc (SEDG). It’s Quick Ratio in the last reported quarter now stands at 2.45. The Stock has managed to achieve an average true range (ATR) of 1.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.80.

In the same vein, SEDG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.99, a figure that is expected to reach -1.52 in the next quarter, and analysts are predicting that it will be -0.14 at the market close of one year from today.

Technical Analysis of Solaredge Technologies Inc (SEDG)

[Solaredge Technologies Inc, SEDG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 73.03% While, its Average True Range was 1.94.

Raw Stochastic average of Solaredge Technologies Inc (SEDG) in the period of the previous 100 days is set at 8.70%, which indicates a major fall in contrast to 49.76% 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 97.41% that was higher than 91.68% volatility it exhibited in the past 100-days period.