Let’s look at the key reasons that are pushing Sunrun Inc (RUN) to new highs

On Monday, Sunrun Inc (NASDAQ: RUN) was -3.09% drop from the session before settling in for the closing price of $10.04. A 52-week range for RUN has been $9.01 – $22.26.

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Technology Sector giant saw their annual sales surged by 30.88% over the last five years. When this article was written, the company’s average yearly earnings per share was at 94.41%. With a float of $217.91 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) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sunrun Inc stocks. The insider ownership of Sunrun Inc is 2.87%, while institutional ownership is 109.34%. The most recent insider transaction that took place on Jan 06 ’25, was worth 22,491. In this transaction Chief Legal & People Officer of this company sold 2,012 shares at a rate of $11.18, taking the stock ownership to the 301,389 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Chief Executive Officer sold 4,350 for $11.18, making the entire transaction worth $48,621. This insider now owns 560,321 shares in total.

Sunrun Inc (RUN) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 94.41% per share during the next fiscal year.

Sunrun Inc (NASDAQ: RUN) Trading Performance Indicators

You can see what Sunrun Inc (RUN) is doing with its current performance indicators. In the most recent 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 1.07.

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 -0.83 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 10.05 million was better than the volume posted last year of 9.47 million. As of the previous 9 days, the stock’s Stochastic %D was 35.84%. Additionally, its Average True Range was 0.76.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 5.43%, which indicates a significant decrease from 25.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.33% in the past 14 days, which was lower than the 87.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.92, while its 200-day Moving Average is $14.02. Now, the first resistance to watch is $9.95. This is followed by the second major resistance level at $10.17. The third major resistance level sits at $10.51. If the price goes on to break the first support level at $9.39, it is likely to go to the next support level at $9.05. Now, if the price goes above the second support level, the third support stands at $8.83.

Sunrun Inc (NASDAQ: RUN) Key Stats

There are 224,339K outstanding shares of the company, which has a market capitalization of 2.18 billion. As of now, sales total 2,260 M while income totals -1,605 M. Its latest quarter income was 537,170 K while its last quarter net income were -83,770 K.