Solaredge Technologies Inc (SEDG) concluded trading on Thursday at a closing price of $14.58, with 3.57 million shares of worth about $52.12 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.30% during that period and on December 26, 2024 the price saw a loss of about -1.69%. 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 5.35% in past 5 days and over the past one month there was a price change of 5.88%. Year-to-date (YTD), SEDG shares are showing a performance of -84.42% which decreased to -84.96% 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 $98.50 during that period. The average intraday trading volume for Solaredge Technologies Inc shares is 5.07 million. The stock is currently trading 3.13% above its 20-day simple moving average (SMA20), while that difference is up 0.23% for SMA50 and it goes to -55.54% lower than SMA200.
Solaredge Technologies Inc (NASDAQ: SEDG) currently have 57.18M outstanding shares and institutions hold larger chunk of about 100.79% of that.
The stock has a current market capitalization of $844.91M 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 10.20% while standing at 10.17% over the month.
Stock’s fiscal year EPS is expected to drop by -565.88% while it is estimated to increase by 86.04% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on December 17, 2024 offering a Buy rating for the stock and assigned a target price range of between $10 and $19 to it. On November 15, 2024, Morgan Stanley Downgrade their recommendations, while on November 07, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $11. Stock get an Underweight rating from Piper Sandler on November 07, 2024.
