Sunnova Energy International Inc (NOVA) kicked off at the price of $4.46: Venture capitalists have an exciting new opportunity

Sunnova Energy International Inc (NYSE: NOVA) kicked off on Monday, up 4.69% from the previous trading day, before settling in for the closing price of $4.26. Over the past 52 weeks, NOVA has traded in a range of $2.99-$14.44.

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During the last 5-year period, the sales growth of Technology Sector giant was 58.12%. While this was happening, its average annual earnings per share was recorded 27.81%. With a float of $108.65 million, this company’s outstanding shares have now reached $124.92 million.

Let’s determine the extent of company efficiency that accounts for 2047 employees. 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) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Sunnova Energy International Inc is 13.03%, while institutional ownership is 98.52%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 27.81% 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

Take a look at Sunnova Energy International Inc’s (NOVA) current performance indicators. Last quarter, stock had a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -2.66 in one year’s time.

Technical Analysis of Sunnova Energy International Inc (NOVA)

Looking closely at Sunnova Energy International Inc (NYSE: NOVA), its last 5-days average volume was 9.01 million, which is a drop from its year-to-date volume of 10.06 million. As of the previous 9 days, the stock’s Stochastic %D was 87.31%. Additionally, its Average True Range was 0.44.

During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 14.69%, which indicates a significant decrease from 83.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.19% in the past 14 days, which was lower than the 154.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.41, while its 200-day Moving Average is $6.16. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $4.70. Second resistance stands at $4.93. The third major resistance level sits at $5.17. If the price goes on to break the first support level at $4.22, it is likely to go to the next support level at $3.98. Now, if the price goes above the second support level, the third support stands at $3.74.

Sunnova Energy International Inc (NYSE: NOVA) Key Stats

The company with the Market Capitalisation of 593.51 million has total of 124,953K Shares Outstanding. Its annual sales at the moment are 720,650 K in contrast with the sum of -417,960 K annual income. Company’s last quarter sales were recorded 235,290 K and last quarter income was -122,590 K.