logo

SEDG: Riding the Market Waves of Growth and Decline in 2023

PNC Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 12.21%.However, over the last six months, we can see a stronger performance of -49.47%. Over the last 30 days, the price of SEDG has fallen by 14.91%. And in the last five days, it has fallen by -13.25%.

Solaredge Technologies Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $87.98 on 02/15/24 and the lowest value was $10.24 on 11/20/24.

52-week price history of SEDG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Solaredge Technologies Inc’s current trading price is -82.66% away from its 52-week high, while its distance from the 52-week low is 49.02%. The stock’s price range during this period has varied between$10.24 and $87.98. The Solaredge Technologies Inc’s shares, which operate in the Technology, saw a trading volume of around 1.38 million for the day, a figure considerably lower than their average daily volume of 5.45 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Solaredge Technologies Inc (SEDG) has experienced a quarterly decline of -18.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 884.32M and boasts a workforce of 5633 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.18, with a change in price of -11.45. Similarly, Solaredge Technologies Inc recorded 4,681,658 in trading volume during the last 100 days, posting a change of -42.63%.

SEDG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SEDG stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.42.

SEDG Stock Stochastic Average

Solaredge Technologies Inc’s raw stochastic average for the past 50 days is presently 58.01%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 46.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.17% and 35.11%, respectively.

Most Popular