On Monday, Solaredge Technologies Inc (NASDAQ: SEDG) opened lower -7.72% from the last session, before settling in for the closing price of $13.35. Price fluctuations for SEDG have ranged from $10.24 to $103.15 over the past 52 weeks.
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Annual sales at Technology sector company grew by 28.62% over the past five years. Company’s average yearly earnings per share was noted -553.50% at the time writing. With a float of $56.84 million, this company’s outstanding shares have now reached $57.18 million.
Let’s look at the performance matrix of the company that is accounted for 5633 employees. 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
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Solaredge Technologies Inc is 1.91%, while institutional ownership is 100.79%. 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
According to the Wall Street analysts, stocks earnings will be around -553.50% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Check out the current performance indicators for Solaredge Technologies Inc (SEDG). In the past quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -29.05, a number that is poised to hit -1.48 in the next quarter and is forecasted to reach -2.59 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Solaredge Technologies Inc (NASDAQ: SEDG) saw its 5-day average volume 3.33 million, a negative change from its year-to-date volume of 3.66 million. As of the previous 9 days, the stock’s Stochastic %D was 20.05%. Additionally, its Average True Range was 1.39.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 9.99%, which indicates a significant increase from 1.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.69% in the past 14 days, which was lower than the 103.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.19, while its 200-day Moving Average is $34.81. Nevertheless, the first resistance level for the watch stands at $12.79 in the near term. At $13.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.52. If the price goes on to break the first support level at $12.06, it is likely to go to the next support level at $11.80. The third support level lies at $11.33 if the price breaches the second support level.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
There are currently 57,950K shares outstanding in the company with a market cap of 717.70 million. Presently, the company’s annual sales total 2,977 M according to its annual income of 34,330 K. Last quarter, the company’s sales amounted to 260,900 K and its income totaled -1,205 M.
