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NOVA Stock on the Rise: A Promising Investment

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In terms of market performance, Sunnova Energy International Inc had a fairly uneven. The highest value for the stock in the past year was $13.00 on 09/18/24, and the lowest value was recorded at $2.64 on 01/31/25.

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 -80.23% away from its 52-week high, while its distance from the 52-week low is -2.65%. The stock’s price range during this period has spanned from $2.64 to $13.00. In the Technology sector, the Sunnova Energy International Inc’s shares surpassed a trading volume of approximately 14.61 million for the day, which was noticeably higher compared to the average daily volume of 9.11.42 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 -50.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 321.13M 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 5.62, with a change in price of -7.90. Similarly, Sunnova Energy International Inc recorded 9,444,519 in trading volume during the last 100 days, posting a change of -75.45%.

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

Today, Sunnova Energy International Inc’s raw stochastic average for the past 50 days stands at 0.60%, indicating a decline from the raw stochastic average of the last 20 days, which was 0.91%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 4.41% and 9.58% respectively.

NOVA Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -25.07%. However, over the past six months, we’ve seen a stronger performance of -63.65%. The price of NOVA leaped by -24.85% over the last 30 days. And in the last five days, it has fallen by -20.68%.

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