In terms of market performance, Sunnova Energy International Inc had a fairly uneven. The highest value for the stock in the past year was $24.56 on 07/18/23, and the lowest value was recorded at $3.80 on 03/14/24.
52-week price history of NOVA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Sunnova Energy International Inc’s current trading price is -80.54% away from its 52-week high, while its distance from the 52-week low is 25.79%. The stock’s price range during this period has spanned from $3.80 to $24.56. In the Technology sector, the Sunnova Energy International Inc’s shares surpassed a trading volume of approximately 10.42 million for the day, which was noticeably higher compared to the average daily volume of 9.9.51 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Sunnova Energy International Inc (NOVA) has experienced a quarterly decline of -64.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 585.45M and boasts a workforce of 2047 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.90, with a change in price of -4.71. Similarly, Sunnova Energy International Inc recorded 8,048,048 in trading volume during the last 100 days, posting a change of -49.63%.
Examining NOVA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NOVA stands at 4.93. Similarly, the long-term debt-to-equity ratio is also 4.61.
NOVA Stock Stochastic Average
Today’s raw stochastic average for Sunnova Energy International Inc over the last 50 days is 10.83%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 38.81%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 50.03% and 50.92%, respectively.
NOVA Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -68.66% this year. Over the last six months, there has been a stronger performance of -50.31%. The price of NOVA leaped by -24.01% during the last 30 days period. For the last 5-days stocks have slided -22.02%.
