Sunnova Energy International Inc. (NOVA) is priced at $26.60 after the most recent trading session. At the very opening of the session, the stock price was $25.71 and reached a high price of $26.81, prior to closing the session it reached the value of $28.75. The stock touched a low price of $24.6301.
Recently in News on May 18, 2021, Sunnova Announces Pricing of Offering of $500 Million of 0.25% Convertible Senior Notes. Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA) today announced the pricing of $500 million aggregate principal amount of 0.25% convertible senior notes due 2026 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Sunnova also granted the initial purchasers of the notes the option to purchase up to an additional $75 million aggregate principal amount of the notes within a 13-day period beginning on, and including, the date on which the notes are first issued. The sale of the notes is expected to close on May 20, 2021, subject to customary closing conditions. You can read further details here
Sunnova Energy International Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $57.70 on 01/07/21, with the lowest value was $24.63 for the same time period, recorded on 05/17/21.
Sunnova Energy International Inc. (NOVA) full year performance was 88.39%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Sunnova Energy International Inc. shares are logging -53.90% during the 52-week period from high price, and 107.17% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $12.84 and $57.70.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 6676297 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sunnova Energy International Inc. (NOVA) recorded performance in the market was -41.06%, having the revenues showcasing -45.82% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.78B, as it employees total of 394 workers.
The Analysts eye on Sunnova Energy International Inc. (NOVA)
During the last month, 10 analysts gave the Sunnova Energy International Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 41.34, with a change in the price was noted -19.48. In a similar fashion, Sunnova Energy International Inc. posted a movement of -42.27% for the period of last 100 days, recording 2,409,994 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NOVA is recording 2.06 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.95.
Technical rundown of Sunnova Energy International Inc. (NOVA)
Raw Stochastic average of Sunnova Energy International Inc. in the period of last 50 days is set at 10.33%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.54%. In the last 20 days, the company’s Stochastic %K was 14.92% and its Stochastic %D was recorded 13.58%.
Considering, the past performance of Sunnova Energy International Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -41.06%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -17.83%, alongside a boost of 88.39% for the period of the last 12 months. The shares increased approximately by -3.94% in the 7-day charts and went up by -30.55% in the period of the last 30 days. Common stock shares were lifted by -45.82% during last recorded quarter.