On Tuesday, Solaredge Technologies Inc (NASDAQ: SEDG) opened higher 0.52% from the last session, before settling in for the closing price of $17.20. Price fluctuations for SEDG have ranged from $10.24 to $73.60 over the past 52 weeks.
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Annual sales at Technology sector company grew by 6.07% over the past five years. Company’s average yearly earnings per share was noted 87.98% at the time writing. With a float of $57.40 million, this company’s outstanding shares have now reached $58.03 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Solaredge Technologies Inc is 2.36%, while institutional ownership is 99.57%. 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) Performance Highlights and Predictions
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 87.98% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Check out the current performance indicators for Solaredge Technologies Inc (SEDG). In the past quarter, the stock posted a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -31.20, a number that is poised to hit -1.15 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Solaredge Technologies Inc (NASDAQ: SEDG) saw its 5-day average volume 1.97 million, a negative change from its year-to-date volume of 4.15 million. As of the previous 9 days, the stock’s Stochastic %D was 75.92%. Additionally, its Average True Range was 1.38.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 52.11%, which indicates a significant decrease from 78.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.56% in the past 14 days, which was lower than the 106.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.51, while its 200-day Moving Average is $20.02. Nevertheless, the first resistance level for the watch stands at $17.81 in the near term. At $18.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.84. If the price goes on to break the first support level at $16.78, it is likely to go to the next support level at $16.28. Assuming the price breaks the second support level, the third support level stands at $15.75.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
There are currently 58,783K shares outstanding in the company with a market cap of 1.02 billion. Presently, the company’s annual sales total 901,460 K according to its annual income of -1,806 M. Last quarter, the company’s sales amounted to 170,750 K and its income totaled -312,910 K.
