A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -3.21% this year. Over the last six months, there has been a stronger performance of -55.97%. The price of NOVA leaped by -11.94% during the last 30 days period. For the last 5-days stocks have improved 5.73%.
Sunnova Energy International Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $13.00 on 09/18/24, while the lowest value for the same period was recorded at $2.64 on 01/23/25.
52-week price history of NOVA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Sunnova Energy International Inc’s current trading price is -74.46% away from its 52-week high, while its distance from the 52-week low is 25.76%. The stock’s price range during this period has varied between$2.64 and $13.00. The Sunnova Energy International Inc’s shares, which operate in the Technology, saw a trading volume of around 7.52 million for the day, a figure considerably lower than their average daily volume of 11.22 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Sunnova Energy International Inc (NOVA) has experienced a quarterly decline of -33.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 414.85M and boasts a workforce of 2047 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 5.95, with a change in price of -7.79. Similarly, Sunnova Energy International Inc recorded 9,096,360 in trading volume during the last 100 days, posting a change of -70.12%.
NOVA’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 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 21.07%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 32.23%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 29.23% and 19.53%, respectively.
