Solaredge Technologies Inc (NASDAQ: SEDG) on Tuesday, plunged -3.37% from the previous trading day, before settling in for the closing price of $16.61. Within the past 52 weeks, SEDG’s price has moved between $10.24 and $77.52.
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During the last 5-year period, the sales growth of Technology Sector giant was 6.07%. The company achieved an average annual earnings per share of 87.45%. With a float of $57.38 million, this company’s outstanding shares have now reached $58.03 million.
Let’s determine the extent of company efficiency that accounts for 5633 employees. In terms of profitability, gross margin is -90.91%, operating margin of -179.86%, and the pretax margin is -181.55%.
Solaredge Technologies Inc (SEDG) Insider Activity
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Solaredge Technologies Inc is 2.39%, while institutional ownership is 99.59%. The most recent insider transaction that took place on Mar 04 ’25, was worth 411,000. In this transaction Chairman of the Board of this company bought 30,000 shares at a rate of $13.70, taking the stock ownership to the 274,478 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director bought 20,000 for $11.43, making the entire transaction worth $228,648. This insider now owns 53,035 shares in total.
Solaredge Technologies Inc (SEDG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 87.45% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Solaredge Technologies Inc (SEDG) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -31.20, a number that is poised to hit -1.16 in the next quarter and is forecasted to reach 0.22 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Looking closely at Solaredge Technologies Inc (NASDAQ: SEDG), its last 5-days average volume was 3.26 million, which is a drop from its year-to-date volume of 4.6 million. As of the previous 9 days, the stock’s Stochastic %D was 48.52%. Additionally, its Average True Range was 1.68.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 42.94%, which indicates a significant increase from 39.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.17% in the past 14 days, which was lower than the 109.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.15, while its 200-day Moving Average is $21.63. However, in the short run, Solaredge Technologies Inc’s stock first resistance to watch stands at $16.86. Second resistance stands at $17.67. The third major resistance level sits at $18.35. If the price goes on to break the first support level at $15.37, it is likely to go to the next support level at $14.69. Should the price break the second support level, the third support level stands at $13.88.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
Market capitalization of the company is 943.46 million based on 58,783K outstanding shares. Right now, sales total 901,460 K and income totals -1,806 M. The company made 170,750 K in profit during its latest quarter, and -312,910 K in sales during its previous quarter.
