Currently, there are 124.92M common shares owned by the public and among those 108.65M shares have been available to trade.
The company’s stock has a 5-day price change of -22.54% and -49.23% over the past three months. NOVA shares are trading -3.79% year to date (YTD), with the 12-month market performance down to -74.32% lower. It has a 12-month low price of $2.99 and touched a high of $13.00 over the same period. NOVA has an average intraday trading volume of 10.88 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 -13.62%, -23.15%, and -46.14% respectively.
Institutional ownership of Sunnova Energy International Inc (NYSE: NOVA) shares accounts for 98.44% of the company’s 124.92M shares outstanding.
It has a market capitalization of $412.35M and a beta (3y monthly) value of 2.30. The earnings-per-share (ttm) stands at -$3.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.31% over the week and 10.67% over the month.
Earnings per share for the fiscal year are expected to increase by 27.84%, and -3.89% over the next financial year.
Looking at the support for the NOVA, a number of firms have released research notes about the stock. Susquehanna stated their Neutral rating for the stock in a research note on January 10, 2025, with the firm’s price target at $4.50. TD Cowen coverage for the Sunnova Energy International Inc (NOVA) stock in a research note released on December 19, 2024 offered a Hold rating with a price target of $5. RBC Capital Mkts was of a view on December 09, 2024 that the stock is Sector Perform, while Exane BNP Paribas gave the stock Underperform rating on November 08, 2024, issuing a price target of $3.50. Guggenheim on their part issued Neutral rating on November 07, 2024.
