Can Sunrun Inc’s (RUN) drop of -36.38% in a week be considered a lucky break?

Sunrun Inc (NASDAQ: RUN) On Monday, started off the session at the price of On Monday, remained unchanged from the previous trading day, before settling in for the closing price of $10.23. Within the past 52 weeks, RUN’s price has moved between $8.82 and $22.26.

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A company in the Technology sector has jumped its sales by 27.30% annually for the last half of the decade. The company achieved an average annual earnings per share of 95.82%. With a float of $217.92 million, this company’s outstanding shares have now reached $219.39 million.

In an organization with 10833 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.53%, operating margin of -31.37%, and the pretax margin is -74.62%.

Sunrun Inc (RUN) Insider and Institutional Ownership

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 116.37%. 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) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 95.82% 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 1.15 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 0.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.84 in one year’s time.

Technical Analysis of Sunrun Inc (RUN)

Let’s dig in a bit further. During the last 5-days, its volume was 22.46 million. That was better than the volume of 12.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.49%. Additionally, its Average True Range was 1.28.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 4.22%, which indicates a significant decrease from 7.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 160.99% in the past 14 days, which was higher than the 94.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.39, while its 200-day Moving Average is $14.57. However, in the short run, Sunrun Inc’s stock first resistance to watch stands at $10.67. Second resistance stands at $11.11. The third major resistance level sits at $11.50. If the price goes on to break the first support level at $9.84, it is likely to go to the next support level at $9.45. The third support level lies at $9.01 if the price breaches the second support level.

Sunrun Inc (NASDAQ: RUN) Key Stats

Market capitalization of the company is 2.02 billion based on 223,540K 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.