Solaredge Technologies Inc (SEDG) concluded trading on Thursday at a closing price of $13.28, with 2.96 million shares of worth about $39.24 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -69.31% during that period and on December 12, 2024 the price saw a loss of about -7.84%. Currently the company’s common shares owned by public are about 57.18M shares, out of which, 56.84M shares are available for trading.
Stock saw a price change of 5.48% in past 5 days and over the past one month there was a price change of 8.50%. Year-to-date (YTD), SEDG shares are showing a performance of -85.81% which decreased to -82.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.24 but also hit the highest price of $103.15 during that period. The average intraday trading volume for Solaredge Technologies Inc shares is 4.81 million. The stock is currently trading 1.21% above its 20-day simple moving average (SMA20), while that difference is down -14.25% for SMA50 and it goes to -62.44% lower than SMA200.
Solaredge Technologies Inc (NASDAQ: SEDG) currently have 57.18M outstanding shares and institutions hold larger chunk of about 100.80% of that.
The stock has a current market capitalization of $769.58M and its 3Y-monthly beta is at 1.54. It has posted earnings per share of -$29.05 in the same period. It has Quick Ratio of 1.46 while making debt-to-equity ratio of 0.79. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SEDG, volatility over the week remained 9.96% while standing at 11.18% over the month.
Stock’s fiscal year EPS is expected to drop by -553.50% while it is estimated to increase by 86.02% in next year.
Coverage by Morgan Stanley stated Solaredge Technologies Inc (SEDG) stock as an Underweight in their note to investors on November 15, 2024, suggesting a price target of $9 for the stock. On November 07, 2024, TD Cowen Reiterated their recommendations, while on November 07, 2024, Piper Sandler Downgrade their ratings for the stock with a price target of $9. Stock get a Neutral rating from Mizuho on November 07, 2024.
