On Monday, Sunnova Energy International Inc (NYSE: NOVA) opened lower -2.67% from the last session, before settling in for the closing price of $3.75. Price fluctuations for NOVA have ranged from $2.99 to $16.35 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 51.41%. Company’s average yearly earnings per share was noted 26.71% at the time writing. With a float of $108.86 million, this company’s outstanding shares have now reached $122.47 million.
Let’s determine the extent of company efficiency that accounts for 2047 employees. In terms of profitability, gross margin is 38.4%, operating margin of -33.02%, and the pretax margin is -88.12%.
Sunnova Energy International Inc (NOVA) Insider Activity
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 12.88%, while institutional ownership is 97.70%. The most recent insider transaction that took place on Nov 12 ’24, was worth 282,266. In this transaction Director of this company bought 85,048 shares at a rate of $3.32, taking the stock ownership to the 85,048 shares. Before that another transaction happened on Aug 23 ’24, when Company’s See Remarks sold 77,000 for $11.31, making the entire transaction worth $871,039. This insider now owns 409,045 shares in total.
Sunnova Energy International Inc (NOVA) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 26.71% 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 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -2.68 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Looking closely at Sunnova Energy International Inc (NYSE: NOVA), its last 5-days average volume was 14.73 million, which is a jump from its year-to-date volume of 8.31 million. As of the previous 9 days, the stock’s Stochastic %D was 23.72%. Additionally, its Average True Range was 0.73.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 6.59%, which indicates a significant decrease from 16.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 336.64% in the past 14 days, which was higher than the 155.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.21, while its 200-day Moving Average is $6.73. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $3.83. Second resistance stands at $4.02. The third major resistance level sits at $4.21. If the price goes on to break the first support level at $3.45, it is likely to go to the next support level at $3.26. Should the price break the second support level, the third support level stands at $3.07.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are currently 124,953K shares outstanding in the company with a market cap of 424.39 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 235,290 K and its income totaled -122,590 K.
