On Friday, Solaredge Technologies Inc (NASDAQ: SEDG) was -17.07% drop from the session before settling in for the closing price of $12.83. A 52-week range for SEDG has been $11.02 – $103.15.
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Technology Sector giant saw their annual sales surged by 28.62% over the last five years. When this article was written, the company’s average yearly earnings per share was at -527.35%. With a float of $57.24 million, this company’s outstanding shares have now reached $57.95 million.
The firm has a total of 5633 workers. Let’s measure their productivity. In terms of profitability, gross margin is -75.17%, operating margin of -156.78%, and the pretax margin is -154.97%.
Solaredge Technologies Inc (SEDG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Solaredge Technologies Inc stocks. The insider ownership of Solaredge Technologies Inc is 1.23%, while institutional ownership is 100.74%. The most recent insider transaction that took place on Nov 13 ’24, was worth 228,648. In this transaction Director of this company bought 20,000 shares at a rate of $11.43, taking the stock ownership to the 53,035 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Chairman of the Board bought 156,000 for $13.65, making the entire transaction worth $2,129,400. This insider now owns 244,478 shares in total.
Solaredge Technologies Inc (SEDG) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.92 earnings per share (EPS) during the time that was better than consensus figure (set at -1.34) by 0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -527.35% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
You can see what Solaredge Technologies Inc (SEDG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -29.05, a number that is poised to hit -1.47 in the next quarter and is forecasted to reach -2.58 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Analysing the last 5-days average volume posted by the [Solaredge Technologies Inc, SEDG], we can find that recorded value of 8.02 million was better than the volume posted last year of 3.58 million. As of the previous 9 days, the stock’s Stochastic %D was 12.22%. Additionally, its Average True Range was 1.65.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 0.42%, which indicates a significant decrease from 1.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 139.69% in the past 14 days, which was higher than the 102.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.19, while its 200-day Moving Average is $40.87. Now, the first resistance to watch is $12.22. This is followed by the second major resistance level at $13.79. The third major resistance level sits at $14.63. If the price goes on to break the first support level at $9.81, it is likely to go to the next support level at $8.97. Should the price break the second support level, the third support level stands at $7.40.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
There are 57,950K outstanding shares of the company, which has a market capitalization of 511.34 million. As of now, sales total 2,977 M while income totals 34,330 K. Its latest quarter income was 260,900 K while its last quarter net income were -1,205 M.
