Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Solaredge Technologies Inc’s current trading price is -2.90% away from its 52-week high, while its distance from the 52-week low is 194.63%. The stock’s price range during this period has varied between $10.24 and $31.07. The company, active in the Technology sector, saw a trading volume of around 2.68 million for the day, considerably lower average daily volume of 5.96 million observed over the last three months.
Solaredge Technologies Inc (SEDG) has a current stock price of $30.17. During the previous trading session, the stock witnessed a notable rise, reaching a high of $29.0 after opening at $30.84. The stock’s low for the day was $5.0, and it eventually closed at $28.83.
Solaredge Technologies Inc’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Solaredge Technologies Inc (SEDG) has experienced a quarterly rise of 149.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.78B and boasts a workforce of 5633 employees.
Decoding Analysts’ Ratings for Solaredge Technologies Inc
As of right now, 0 analyst is rating Solaredge Technologies Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 23 analysts are recommending to HOLD this stock, 3 of them gave the stock UNDERWEIGHT rating, and 5 analysts are rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.97, with a change in price of +11.77. Similarly, Solaredge Technologies Inc recorded 4,854,040 in trading volume during the last 100 days, posting a change of +63.48%.
How SEDG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SEDG stands at 1.28. Similarly, the long-term debt-to-equity ratio is also 0.68.
SEDG Stock Stochastic Average
As of today, the raw stochastic average of Solaredge Technologies Inc over the last 50 days is at 97.87%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 97.52%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.35% and 84.58%, respectively.
SEDG Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 12.83% this year. Over the last six months, there has been a weaker performance of 116.89%. The price of SEDG fallen by 82.63% during the last 30 days period. For the last 5-days stocks have improved 10.23%.
