Sunnova Energy International Inc (NOVA) kicked off at the price of $9.74: Venture capitalists have an exciting new opportunity

Sunnova Energy International Inc (NYSE: NOVA) kicked off on Monday, down -6.26% from the previous trading day, before settling in for the closing price of $10.39. Over the past 52 weeks, NOVA has traded in a range of $3.37-$16.35.

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Technology Sector giant saw their annual sales surged by 51.41% over the last five years. While this was happening, its average annual earnings per share was recorded 31.52%. 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.

Sunnova Energy International Inc (NOVA) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Sunnova Energy International Inc is 17.96%, while institutional ownership is 104.49%. 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) Recent Fiscal highlights

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According to the Wall Street analysts, stocks earnings will be around 31.52% 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

Take a look at Sunnova Energy International Inc’s (NOVA) current performance indicators. Last quarter, stock had a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.90, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -2.65 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 3.75 million was lower than the volume posted last year of 7.73 million. As of the previous 9 days, the stock’s Stochastic %D was 12.81%. Additionally, its Average True Range was 0.79.

During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 63.74%, which indicates a significant increase from 3.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.53% in the past 14 days, which was lower than the 107.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.49, while its 200-day Moving Average is $7.95. Now, the first resistance to watch is $10.24. This is followed by the second major resistance level at $10.73. The third major resistance level sits at $11.04. If the price goes on to break the first support level at $9.44, it is likely to go to the next support level at $9.13. Now, if the price goes above the second support level, the third support stands at $8.64.

Sunnova Energy International Inc (NYSE: NOVA) Key Stats

The company with the Market Capitalisation of 1.22 billion has total of 123,982K Shares Outstanding. Its annual sales at the moment are 720,650 K in contrast with the sum of -417,960 K annual income. Company’s last quarter sales were recorded 219,600 K and last quarter income was -33,050 K.