On Monday, Sunnova Energy International Inc (NYSE: NOVA) opened higher 0.45% from the last session, before settling in for the closing price of $4.47. Price fluctuations for NOVA have ranged from $2.99 to $16.35 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 51.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted 28.90% at the time writing. With a float of $108.65 million, this company’s outstanding shares have now reached $124.92 million.
In an organization with 2047 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 42.86%, operating margin of -36.09%, and the pretax margin is -88.12%.
Sunnova Energy International Inc (NOVA) Insider and Institutional Ownership
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 13.04%, while institutional ownership is 98.18%. The most recent insider transaction that took place on Nov 19 ’24, was worth 124,498. In this transaction Director of this company bought 35,000 shares at a rate of $3.56, taking the stock ownership to the 120,048 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director bought 50,000 for $3.56, making the entire transaction worth $177,960. This insider now owns 402,654 shares in total.
Sunnova Energy International Inc (NOVA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 28.90% 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 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.68 in the next quarter and is forecasted to reach -2.61 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Let’s dig in a bit further. During the last 5-days, its volume was 8.9 million. That was better than the volume of 8.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.38%. Additionally, its Average True Range was 0.60.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 14.99%, which indicates a significant decrease from 43.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.92% in the past 14 days, which was lower than the 155.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.46, while its 200-day Moving Average is $6.33. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $4.83. Second resistance stands at $5.16. The third major resistance level sits at $5.45. If the price goes on to break the first support level at $4.21, it is likely to go to the next support level at $3.92. The third support level lies at $3.59 if the price breaches the second support level.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are currently 124,953K shares outstanding in the company with a market cap of 564.83 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.
