A major move is in the offing as Sunrun Inc (RUN) market cap hits 2.04 billion

Sunrun Inc (NASDAQ: RUN) kicked off on Monday, up 1.21% from the previous trading day, before settling in for the closing price of $9.89. Over the past 52 weeks, RUN has traded in a range of $9.23-$22.26.

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Technology Sector giant saw their annual sales surged by 27.30% over the last five years. While this was happening, its average annual earnings per share was recorded 94.48%. With a float of $217.90 million, this company’s outstanding shares have now reached $219.39 million.

The firm has a total of 10833 workers. Let’s measure their productivity. In terms of profitability, gross margin is 11.23%, operating margin of -31.37%, and the pretax margin is -74.62%.

Sunrun Inc (RUN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Sunrun Inc is 2.87%, while institutional ownership is 109.70%. 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 94.48% per share during the next fiscal year.

Sunrun Inc (NASDAQ: RUN) Trading Performance Indicators

Take a look at Sunrun Inc’s (RUN) current performance indicators. Last quarter, stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -0.83 in one year’s time.

Technical Analysis of Sunrun Inc (RUN)

Analysing the last 5-days average volume posted by the [Sunrun Inc, RUN], we can find that recorded value of 13.77 million was better than the volume posted last year of 12.05 million. As of the previous 9 days, the stock’s Stochastic %D was 15.21%. Additionally, its Average True Range was 1.20.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 6.02%, which indicates a significant decrease from 10.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.52% in the past 14 days, which was higher than the 96.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.55, while its 200-day Moving Average is $14.46. Now, the first resistance to watch is $10.28. This is followed by the second major resistance level at $10.56. The third major resistance level sits at $10.93. If the price goes on to break the first support level at $9.64, it is likely to go to the next support level at $9.27. Should the price break the second support level, the third support level stands at $8.99.

Sunrun Inc (NASDAQ: RUN) Key Stats

The company with the Market Capitalisation of 2.04 billion has total of 224,339K Shares Outstanding. Its annual sales at the moment are 2,260 M in contrast with the sum of -1,605 M annual income. Company’s last quarter sales were recorded 537,170 K and last quarter income was -83,770 K.