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SolarEdge Technologies Inc. (SEDG): Ready for an explosive trading day

For the readers interested in the stock health of SolarEdge Technologies Inc. (SEDG). It is currently valued at $285.57. When the transactions were called off in the previous session, Stock hit the highs of $303.68, after setting-off with the price of $303.18. Company’s stock value dipped to $283.54 during the trading on the day. When the trading was stopped its value was $306.43.Recently in News on February 13, 2023, SolarEdge Announces Fourth Quarter 2022 and Full Year 2022 Financial Results. SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022. You can read further details here

SolarEdge Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $375.90 on 07/28/22, with the lowest value was $190.15 for the same time period, recorded on 10/13/22.

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SolarEdge Technologies Inc. (SEDG) full year performance was -9.56%

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, SolarEdge Technologies Inc. shares are logging -24.03% during the 52-week period from high price, and 50.18% 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 $190.15 and $375.90.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1707302 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 SolarEdge Technologies Inc. (SEDG) recorded performance in the market was 0.81%, having the revenues showcasing -12.84% 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 16.52B, as it employees total of 4926 workers.

Specialists analysis on SolarEdge Technologies Inc. (SEDG)

During the last month, 18 analysts gave the SolarEdge Technologies Inc. a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 295.08, with a change in the price was noted +87.73. In a similar fashion, SolarEdge Technologies Inc. posted a movement of +44.34% for the period of last 100 days, recording 1,101,377 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 SEDG is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.31.

Trends and Technical analysis: SolarEdge Technologies Inc. (SEDG)

Raw Stochastic average of SolarEdge Technologies Inc. in the period of last 50 days is set at 20.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 3.63%. In the last 20 days, the company’s Stochastic %K was 26.19% and its Stochastic %D was recorded 35.75%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.81%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -11.51%, alongside a downfall of -9.56% for the period of the last 12 months. The shares increased approximately by -8.92% in the 7-day charts and went up by -9.47% in the period of the last 30 days. Common stock shares were lifted by -12.84% during last recorded quarter.

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