A major move is in the offing as Sunnova Energy International Inc (NOVA) market cap hits 243.66 million

A new trading day began on Friday, with Sunnova Energy International Inc (NYSE: NOVA) stock price down -4.88% from the previous day of trading, before settling in for the closing price of $2.05. NOVA’s price has ranged from $1.85 to $13.00 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 58.12% over the last five years. Meanwhile, its annual earnings per share averaged 34.14%. With a float of $115.31 million, this company’s outstanding shares have now reached $124.92 million.

The firm has a total of 2047 workers. Let’s measure their productivity. 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 Activity

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 7.73%, while institutional ownership is 97.49%. The most recent insider transaction that took place on Feb 03 ’25, was worth 1,036. Before that another transaction happened on Nov 19 ’24, when Company’s Director bought 35,000 for $3.56, making the entire transaction worth $124,498. This insider now owns 120,048 shares in total.

Sunnova Energy International Inc (NOVA) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.8 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 34.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.03% 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 0.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.66 in the next quarter and is forecasted to reach -2.28 in one year’s time.

Technical Analysis of Sunnova Energy International Inc (NOVA)

Analysing the last 5-days average volume posted by the [Sunnova Energy International Inc, NOVA], we can find that recorded value of 10.56 million was better than the volume posted last year of 10.02 million. As of the previous 9 days, the stock’s Stochastic %D was 28.50%. Additionally, its Average True Range was 0.27.

During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 1.08%, which indicates a significant decrease from 13.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.63% in the past 14 days, which was lower than the 154.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.1872, while its 200-day Moving Average is $5.8679. Now, the first resistance to watch is $2.1000. This is followed by the second major resistance level at $2.2500. The third major resistance level sits at $2.3600. If the price goes on to break the first support level at $1.8400, it is likely to go to the next support level at $1.7300. Should the price break the second support level, the third support level stands at $1.5800.

Sunnova Energy International Inc (NYSE: NOVA) Key Stats

With a market capitalization of 243.66 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.