A new trading day began on Friday, with Solaredge Technologies Inc (NASDAQ: SEDG) stock price up 7.21% from the previous day of trading, before settling in for the closing price of $11.72. SEDG’s price has ranged from $10.24 to $64.04 over the past 52 weeks.
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Annual sales at Technology sector company grew by 4.26% over the past five years. Meanwhile, its annual earnings per share averaged 87.29%. With a float of $57.61 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of Solaredge Technologies Inc is 2.42%, while institutional ownership is 98.28%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 87.29% per share during the next fiscal year.
Solaredge Technologies Inc (NASDAQ: SEDG) Trading Performance Indicators
Here are Solaredge Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
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 0.14 in one year’s time.
Technical Analysis of Solaredge Technologies Inc (SEDG)
Solaredge Technologies Inc (NASDAQ: SEDG) saw its 5-day average volume 4.26 million, a positive change from its year-to-date volume of 4.0 million. As of the previous 9 days, the stock’s Stochastic %D was 30.74%. Additionally, its Average True Range was 1.45.
During the past 100 days, Solaredge Technologies Inc’s (SEDG) raw stochastic average was set at 12.22%, which indicates a significant decrease from 36.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 151.57% in the past 14 days, which was higher than the 103.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.52, while its 200-day Moving Average is $17.81. Nevertheless, the first resistance level for the watch stands at $12.94 in the near term. At $13.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.07. If the price goes on to break the first support level at $11.81, it is likely to go to the next support level at $11.07. The third support level lies at $10.68 if the price breaches the second support level.
Solaredge Technologies Inc (NASDAQ: SEDG) Key Stats
With a market capitalization of 741.58 million, the company has a total of 59,043K Shares Outstanding. Currently, annual sales are 901,460 K while annual income is -1,806 M. The company’s previous quarter sales were 170,750 K while its latest quarter income was -312,910 K.
