On Monday, Sunnova Energy International Inc (NYSE: NOVA) opened lower -9.06% from the last session, before settling in for the closing price of $5.74. Price fluctuations for NOVA have ranged from $3.37 to $16.35 over the past 52 weeks.
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Annual sales at Technology sector company grew by 51.41% over the past five years. Company’s average yearly earnings per share was noted 30.54% at the time writing. With a float of $108.47 million, this company’s outstanding shares have now reached $122.47 million.
Let’s look at the performance matrix of the company that is accounted for 2047 employees. 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 Updates
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 13.22%, while institutional ownership is 104.63%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 30.54% 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 0.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.90, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -2.79 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Sunnova Energy International Inc (NYSE: NOVA) saw its 5-day average volume 8.22 million, a positive change from its year-to-date volume of 7.7 million. As of the previous 9 days, the stock’s Stochastic %D was 4.78%. Additionally, its Average True Range was 0.62.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 8.15%, which indicates a significant increase from 0.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.20% in the past 14 days, which was lower than the 99.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.29, while its 200-day Moving Average is $7.37. Nevertheless, the first resistance level for the watch stands at $5.53 in the near term. At $5.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.01. If the price goes on to break the first support level at $5.06, it is likely to go to the next support level at $4.90. Assuming the price breaks the second support level, the third support level stands at $4.58.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are currently 123,982K shares outstanding in the company with a market cap of 651.77 million. 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.
