Sunrun Inc (NASDAQ: RUN) on Monday, soared 9.61% from the previous trading day, before settling in for the closing price of $10.51. Within the past 52 weeks, RUN’s price has moved between $9.23 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
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 94.31%. With a float of $217.95 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 11.23%, operating margin of -31.37%, and the pretax margin is -74.62%.
Sunrun Inc (RUN) Insider Updates
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Sunrun Inc is 2.85%, while institutional ownership is 109.16%. The most recent insider transaction that took place on Nov 19 ’24, was worth 497,230. In this transaction Director of this company sold 50,000 shares at a rate of $9.94, taking the stock ownership to the 1,092,446 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director proposed sale 50,000 for $9.94, making the entire transaction worth $497,232.
Sunrun Inc (RUN) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -1.33 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.32) by -1.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 94.31% 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 1.31.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 9.26 million. That was inferior than the volume of 11.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.14%. Additionally, its Average True Range was 1.07.
During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 17.61%, which indicates a significant decrease from 44.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.13% in the past 14 days, which was higher than the 94.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.72, while its 200-day Moving Average is $14.35. However, in the short run, Sunrun Inc’s stock first resistance to watch stands at $11.96. Second resistance stands at $12.39. The third major resistance level sits at $13.05. If the price goes on to break the first support level at $10.87, it is likely to go to the next support level at $10.21. Assuming the price breaks the second support level, the third support level stands at $9.78.
Sunrun Inc (NASDAQ: RUN) Key Stats
Market capitalization of the company is 2.66 billion based on 224,339K outstanding shares. Right now, sales total 2,260 M and income totals -1,605 M. The company made 537,170 K in profit during its latest quarter, and -83,770 K in sales during its previous quarter.
