A new trading day began on Monday, with Sunnova Energy International Inc (NYSE: NOVA) stock price up 2.47% from the previous day of trading, before settling in for the closing price of $3.24. NOVA’s price has ranged from $2.64 to $13.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 58.12% over the past five years. Meanwhile, its annual earnings per share averaged 36.01%. With a float of $108.65 million, this company’s outstanding shares have now reached $124.92 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of Sunnova Energy International Inc is 13.05%, while institutional ownership is 98.32%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 36.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.38% 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
Here are Sunnova Energy International Inc’s current performance indicators. According to the last quarter’s results, the 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 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -2.21 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Sunnova Energy International Inc (NYSE: NOVA) saw its 5-day average volume 10.51 million, a positive change from its year-to-date volume of 9.31 million. As of the previous 9 days, the stock’s Stochastic %D was 60.23%. Additionally, its Average True Range was 0.39.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 6.56%, which indicates a significant decrease from 32.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.65% in the past 14 days, which was lower than the 154.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.98, while its 200-day Moving Average is $6.03. Nevertheless, the first resistance level for the watch stands at $3.43 in the near term. At $3.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.71. If the price goes on to break the first support level at $3.15, it is likely to go to the next support level at $2.98. Assuming the price breaks the second support level, the third support level stands at $2.87.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
With a market capitalization of 414.84 million, the company has a total of 124,953K Shares Outstanding. Currently, annual sales are 720,650 K while annual income is -417,960 K. The company’s previous quarter sales were 235,290 K while its latest quarter income was -122,590 K.
