Solaredge Technologies Inc (NASDAQ: SEDG) on Monday, soared 11.74% from the previous trading day, before settling in for the closing price of $12.78. Within the past 52 weeks, SEDG’s price has moved between $10.24 and $103.15.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 28.62%. The company achieved an average annual earnings per share of -551.49%. With a float of $57.09 million, this company’s outstanding shares have now reached $57.18 million.
The extent of productivity of a business whose workforce counts for 5633 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Solaredge Technologies Inc is 1.49%, while institutional ownership is 100.80%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -551.49% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Solaredge Technologies Inc (SEDG) is currently performing well based on its current performance indicators. A quick ratio of 1.46 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 0.79.
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 -2.53 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
The latest stats from [Solaredge Technologies Inc, SEDG] show that its last 5-days average volume of 4.62 million was superior to 3.66 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.62%. Additionally, its Average True Range was 1.55.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 19.40%, which indicates a significant decrease from 68.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.12% in the past 14 days, which was higher than the 103.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.98, while its 200-day Moving Average is $36.15. Now, the first resistance to watch is $15.46. This is followed by the second major resistance level at $16.63. The third major resistance level sits at $17.83. If the price goes on to break the first support level at $13.09, it is likely to go to the next support level at $11.89. The third support level lies at $10.72 if the price breaches the second support level.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
Market capitalization of the company is 827.53 million based on 57,950K outstanding shares. Right now, sales total 2,977 M and income totals 34,330 K. The company made 260,900 K in profit during its latest quarter, and -1,205 M in sales during its previous quarter.
