Currently, there are 57.12M common shares owned by the public and among those 56.62M shares have been available to trade.
The company’s stock has a 5-day price change of -1.99% and -35.29% over the past three months. SEDG shares are trading -80.57% year to date (YTD), with the 12-month market performance down to -84.81% lower. It has a 12-month low price of $17.12 and touched a high of $130.38 over the same period. SEDG has an average intraday trading volume of 3.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.19%, -17.30%, and -61.88% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Solaredge Technologies Inc (NASDAQ: SEDG) shares accounts for 103.79% of the company’s 57.12M shares outstanding.
It has a market capitalization of $1.04B and a beta (3y monthly) value of 1.55. The earnings-per-share (ttm) stands at -$8.99. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.12% over the week and 6.92% over the month.
Analysts forecast that Solaredge Technologies Inc (SEDG) will achieve an EPS of -1.6 for the current quarter, -1.28 for the next quarter and -0.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -2.71 while analysts give the company a high EPS estimate of -2.71. Comparatively, EPS for the current quarter was -0.55 a year ago. Earnings per share for the fiscal year are expected to decrease by -255.22%, and 89.69% over the next financial year.
Looking at the support for the SEDG, a number of firms have released research notes about the stock. Jefferies stated their Underperform rating for the stock in a research note on September 17, 2024, with the firm’s price target at $27-$17. Jefferies coverage for the Solaredge Technologies Inc (SEDG) stock in a research note released on September 04, 2024 offered a Hold rating with a price target of $27. William Blair was of a view on August 29, 2024 that the stock is Mkt Perform, while TD Cowen gave the stock Buy rating on August 08, 2024, issuing a price target of $50- $35. ROTH MKM on their part issued Neutral rating on July 23, 2024.
