$8.97M in average volume shows that Sunrun Inc (RUN) is heading in the right direction

On Tuesday, Sunrun Inc (NASDAQ: RUN) opened higher 0.70% from the last session, before settling in for the closing price of $9.99. Price fluctuations for RUN have ranged from $9.23 to $22.26 over the past 52 weeks.

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

Technology Sector giant saw their annual sales surged by 27.30% over the last five years. Company’s average yearly earnings per share was noted 94.34% at the time writing. With a float of $217.98 million, this company’s outstanding shares have now reached $224.09 million.

The firm has a total of 10833 workers. Let’s measure their productivity. 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 Activity

A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Sunrun Inc is 2.83%, while institutional ownership is 109.40%. The most recent insider transaction that took place on Dec 06 ’24, was worth 23,112. In this transaction Chief Legal & People Officer of this company sold 2,235 shares at a rate of $10.34, taking the stock ownership to the 303,401 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Chief Executive Officer sold 2,931 for $10.34, making the entire transaction worth $30,320. This insider now owns 564,671 shares in total.

Sunrun Inc (RUN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 94.34% per share during the next fiscal year.

Sunrun Inc (NASDAQ: RUN) Trading Performance Indicators

Check out the current performance indicators for Sunrun Inc (RUN). In the past quarter, the stock posted a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -0.84 in one year’s time.

Technical Analysis of Sunrun Inc (RUN)

Analysing the last 5-days average volume posted by the [Sunrun Inc, RUN], we can find that recorded value of 6.04 million was lower than the volume posted last year of 11.68 million. As of the previous 9 days, the stock’s Stochastic %D was 10.31%. Additionally, its Average True Range was 0.76.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 6.41%, which indicates a significant decrease from 8.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.18% in the past 14 days, which was lower than the 88.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.47, while its 200-day Moving Average is $14.11. Now, the first resistance to watch is $10.44. This is followed by the second major resistance level at $10.81. The third major resistance level sits at $11.05. If the price goes on to break the first support level at $9.83, it is likely to go to the next support level at $9.59. Should the price break the second support level, the third support level stands at $9.22.

Sunrun Inc (NASDAQ: RUN) Key Stats

There are currently 224,339K shares outstanding in the company with a market cap of 2.26 billion. Presently, the company’s annual sales total 2,260 M according to its annual income of -1,605 M. Last quarter, the company’s sales amounted to 537,170 K and its income totaled -83,770 K.