Solaredge Technologies Inc (SEDG) concluded trading on Thursday at a closing price of $17.89, with 3.88 million shares of worth about $69.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -31.53% during that period and on February 27, 2025 the price saw a loss of about -3.51%. Currently the company’s common shares owned by public are about 58.03M shares, out of which, 57.41M shares are available for trading.
Stock saw a price change of -1.65% in past 5 days and over the past one month there was a price change of 33.61%. Year-to-date (YTD), SEDG shares are showing a performance of 31.54% which decreased to -73.33% 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 $78.40 during that period. The average intraday trading volume for Solaredge Technologies Inc shares is 4.85 million. The stock is currently trading 13.54% above its 20-day simple moving average (SMA20), while that difference is up 20.45% for SMA50 and it goes to -22.25% lower than SMA200.
Solaredge Technologies Inc (NASDAQ: SEDG) currently have 58.03M outstanding shares and institutions hold larger chunk of about 99.59% of that.
The stock has a current market capitalization of $1.05B and its 3Y-monthly beta is at 1.75. It has posted earnings per share of -$31.20 in the same period. It has Quick Ratio of 1.33 while making debt-to-equity ratio of 1.16. 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 9.65% while standing at 9.02% over the month.
Stock’s fiscal year EPS is expected to rise by 87.45% while it is estimated to increase by 107.77% 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 Morgan Stanley on February 20, 2025 offering an Equal-weight rating for the stock and assigned a target price range of between $11 and $18 to it. Coverage by Northland Capital stated Solaredge Technologies Inc (SEDG) stock as an Under perform in their note to investors on February 20, 2025, suggesting a price target of $15 for the stock. On February 20, 2025, BMO Capital Markets Downgrade their recommendations, while on January 08, 2025, Citigroup Downgrade their ratings for the stock with a price target of $9. Stock get a Buy rating from Goldman on December 17, 2024.
