Sunnova Energy International Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $16.35 on 12/27/23 and a low of $2.99 for the same time frame on 11/08/24.
52-week price history of NOVA Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Sunnova Energy International Inc’s current trading price is -72.55% away from its 52-week high, while its distance from the 52-week low is 50.17%. The stock’s price range during the 52-week period has remained between $2.99 and $16.35. In the Technology sector, the company’s shares saw a trading volume of around 8.3 million for the day, which was evidently lower than the average daily volume of 9.47 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 -57.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 564.83M 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 7.45, with a change in price of -2.68. Similarly, Sunnova Energy International Inc recorded 8,441,682 in trading volume during the last 100 days, posting a change of -37.38%.
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 4.64. Similarly, the long-term debt-to-equity ratio is also 4.45.
NOVA Stock Stochastic Average
As of today, Sunnova Energy International Inc’s raw stochastic average for the last 50 days stands at 20.16%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 50.23%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 50.68% and 52.48%, respectively.
NOVA Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -70.56%. However, over the past six months, we’ve seen a stronger performance of -11.26%. The price of NOVA fallen by 23.01% over the last 30 days. And in the last five days, it has fallen by -16.54%.
