-13.80% percent quarterly performance for Sunrun Inc (RUN) is not indicative of the underlying story

Sunrun Inc (NASDAQ: RUN) on Monday, soared 0.42% from the previous trading day, before settling in for the closing price of $14.37. Within the past 52 weeks, RUN’s price has moved between $8.66 and $22.26.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 27.30%. The company achieved an average annual earnings per share of 97.74%. With a float of $217.15 million, this company’s outstanding shares have now reached $219.39 million.

Considering the fact that the conglomerate employs 10833 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 8.26%, operating margin of -90.13%, and the pretax margin is -122.92%.

Sunrun Inc (RUN) Insider Activity

Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Sunrun Inc is 2.86%, while institutional ownership is 115.88%. The most recent insider transaction that took place on Oct 18 ’24, was worth 729,900. In this transaction Director of this company sold 50,000 shares at a rate of $14.60, taking the stock ownership to the 1,142,446 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Director proposed sale 50,000 for $14.60, making the entire transaction worth $729,899.

Sunrun Inc (RUN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 97.74% per share during the next fiscal year.

Sunrun Inc (NASDAQ: RUN) Trading Performance Indicators

Sunrun Inc (RUN) is currently performing well based on its current performance indicators. A quick ratio of 1.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.38, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.66 in one year’s time.

Technical Analysis of Sunrun Inc (RUN)

Compared to the last year’s volume of 11.86 million, its volume of 8.07 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.09%. Additionally, its Average True Range was 0.87.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 33.13%, which indicates a significant increase from 29.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.66% in the past 14 days, which was lower than the 75.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.78, while its 200-day Moving Average is $14.60. Nevertheless, the first resistance level for the watch stands at $15.28 in the near term. At $16.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.56. If the price goes on to break the first support level at $14.00, it is likely to go to the next support level at $13.56. Should the price break the second support level, the third support level stands at $12.72.

Sunrun Inc (NASDAQ: RUN) Key Stats

Market capitalization of the company is 3.23 billion based on 221,663K outstanding shares. Right now, sales total 2,260 M and income totals -1,605 M. The company made 523,870 K in profit during its latest quarter, and 139,070 K in sales during its previous quarter.