Sunnova Energy International Inc (NOVA) average volume reaches $19.81M: Is Wall Street expecting a rally?

A new trading day began on Friday, with Sunnova Energy International Inc (NYSE: NOVA) stock price down -11.88% from the previous day of trading, before settling in for the closing price of $0.34. NOVA’s price has ranged from $0.25 to $13.00 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 49.81%. Meanwhile, its annual earnings per share averaged -1.62%. With a float of $115.23 million, this company’s outstanding shares have now reached $125.07 million.

Considering the fact that the conglomerate employs 1796 people, you should pay attention to its efficiency factor. 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 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 7.87%, while institutional ownership is 102.05%. 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 -0.65 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.59% 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 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.95, a number that is poised to hit -0.91 in the next quarter and is forecasted to reach -2.54 in one year’s time.

Technical Analysis of Sunnova Energy International Inc (NOVA)

Compared to the last year’s volume of 19.4 million, its volume of 21.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 28.31%. Additionally, its Average True Range was 0.12.

During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 0.94%, which indicates a significant decrease from 7.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 237.26% in the past 14 days, which was higher than the 214.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3380, while its 200-day Moving Average is $5.2478. Nevertheless, the first resistance level for the watch stands at $0.3271 in the near term. At $0.3508, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3730. If the price goes on to break the first support level at $0.2812, it is likely to go to the next support level at $0.2590. Should the price break the second support level, the third support level stands at $0.2353.

Sunnova Energy International Inc (NYSE: NOVA) Key Stats

With a market capitalization of 37.96 million, the company has a total of 125,082K Shares Outstanding. Currently, annual sales are 839,920 K while annual income is -367,890 K. The company’s previous quarter sales were 224,130 K while its latest quarter income was -142,290 K.