Solaredge Technologies Inc (NASDAQ: SEDG) kicked off on Friday, down -1.58% from the previous trading day, before settling in for the closing price of $13.31. Over the past 52 weeks, SEDG has traded in a range of $10.24-$87.98.
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Technology Sector giant saw their annual sales surged by 22.75% over the last five years. While this was happening, its average annual earnings per share was recorded -581.92%. With a float of $56.59 million, this company’s outstanding shares have now reached $57.18 million.
The firm has a total of 5633 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Solaredge Technologies Inc is 2.35%, while institutional ownership is 97.44%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -581.92% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Take a look at Solaredge Technologies Inc’s (SEDG) current performance indicators. Last quarter, stock had a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -29.05, a number that is poised to hit -1.50 in the next quarter and is forecasted to reach -2.78 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Analysing the last 5-days average volume posted by the [Solaredge Technologies Inc, SEDG], we can find that recorded value of 2.8 million was lower than the volume posted last year of 4.18 million. As of the previous 9 days, the stock’s Stochastic %D was 25.48%. Additionally, its Average True Range was 1.24.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 21.11%, which indicates a significant decrease from 21.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.62% in the past 14 days, which was lower than the 106.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.86, while its 200-day Moving Average is $26.78. Now, the first resistance to watch is $13.62. This is followed by the second major resistance level at $14.13. The third major resistance level sits at $14.48. If the price goes on to break the first support level at $12.76, it is likely to go to the next support level at $12.41. Should the price break the second support level, the third support level stands at $11.90.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
The company with the Market Capitalisation of 759.15 million has total of 57,950K Shares Outstanding. Its annual sales at the moment are 2,977 M in contrast with the sum of 34,330 K annual income. Company’s last quarter sales were recorded 260,900 K and last quarter income was -1,205 M.
