A new trading day began on Friday, with Sunnova Energy International Inc (NYSE: NOVA) stock price down -3.85% from the previous day of trading, before settling in for the closing price of $0.52. NOVA’s price has ranged from $0.47 to $13.00 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 49.81% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -3.37%. With a float of $115.43 million, this company’s outstanding shares have now reached $125.07 million.
In an organization with 1796 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.04%, operating margin of -77.34%, and the pretax margin is -96.18%.
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 7.72%, while institutional ownership is 97.39%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.27% during the next five years compared to 6.50% growth 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 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.95, a number that is poised to hit -0.90 in the next quarter and is forecasted to reach -2.67 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Let’s dig in a bit further. During the last 5-days, its volume was 56.27 million. That was better than the volume of 15.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 3.20%. Additionally, its Average True Range was 0.26.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 0.40%, which indicates a significant decrease from 1.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 421.68% in the past 14 days, which was higher than the 224.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.6198, while its 200-day Moving Average is $5.7030. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $0.5438. Second resistance stands at $0.5877. The third major resistance level sits at $0.6138. If the price goes on to break the first support level at $0.4738, it is likely to go to the next support level at $0.4477. Assuming the price breaks the second support level, the third support level stands at $0.4038.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
With a market capitalization of 62.54 million, the company has a total of 125,082K 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.
