Tigo Energy Inc (NASDAQ: TYGO) kicked off on Tuesday, up 5.10% from the previous trading day, before settling in for the closing price of $2.55. Over the past 52 weeks, TYGO has traded in a range of $0.58-$2.64.
During the last 5-year period, the sales drop of Technology Sector giant was -536.07%. While this was happening, its average annual earnings per share was recorded 77.39%. With a float of $30.94 million, this company’s outstanding shares have now reached $62.63 million.
Tigo Energy Inc (TYGO) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Tigo Energy Inc is 52.94%, while institutional ownership is 14.13%.
Tigo Energy Inc (TYGO) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.22 earnings per share (EPS), lower than consensus estimate (set at -0.16) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 77.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.03% during the next five years compared to -536.07% drop over the previous five years of trading.
Tigo Energy Inc (NASDAQ: TYGO) Trading Performance Indicators
Take a look at Tigo Energy Inc’s (TYGO) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.37. Likewise, its price to free cash flow for the trailing twelve months is 26.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.84, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Tigo Energy Inc (TYGO)
Looking closely at Tigo Energy Inc (NASDAQ: TYGO), its last 5-days average volume was 0.67 million, which is a jump from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 74.42%.
During the past 100 days, Tigo Energy Inc’s (TYGO) raw stochastic average was set at 96.26%, which indicates a significant increase from 93.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was higher than the 0.11 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.67, while its 200-day Moving Average is $1.17. However, in the short run, Tigo Energy Inc’s stock first resistance to watch stands at $2.74. Second resistance stands at $2.79. The third major resistance level sits at $2.84. If the price goes on to break the first support level at $2.64, it is likely to go to the next support level at $2.59. Should the price break the second support level, the third support level stands at $2.54.
Tigo Energy Inc (NASDAQ: TYGO) Key Stats
The company with the Market Capitalisation of 176.19 million has total of 65,740K Shares Outstanding. Its annual sales at the moment are 54,010 K in contrast with the sum of -62,750 K annual income. Company’s last quarter sales were recorded 24,060 K and last quarter income was -4,430 K.
