Solaredge Technologies Inc (NASDAQ:SEDG) currently has a daily average trading volume of 4.79M but it saw 3498576 shares traded in last market. With a market cap of 814.78M USD, the company’s current market price of $14.06 came falling about -4.09 while comparing to the previous closing price of $14.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $103.15 and as low as $10.24. In the recent trading on the day, stock has struck highest price mark of $13.85 while lowest mark touched by it was $14.84.
Taking a look at 20-day trading activity of Solaredge Technologies Inc (SEDG) gives us an average price of $13.11, while its current price level is -86.37% below from 52-week high level whereas it is 37.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.49 while that of 200 days or SMA-200 reads an average of $37.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.69% during that period while stretching the period over a month that increases to 11.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.85 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on November 15, 2024 while assigning a price target range of $23-$9. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $16 and $11.
Over the week, SEDG’s stock price is moving 2.70% up while it is -23.17% when we observe its performance for the past one month. Year-to-date it is -84.98% down and over the past year, the stock is showing a downside performance of -83.18%.
Currently, Solaredge Technologies Inc’s total number of outstanding shares is 57.18M. Company’s return on investment (ROI) stands at -122.07% and return on equity (ROE) at -96.08%. Stock’s beta reads 1.54. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 0.78. Its return on asset (ROA) is -44.35% on average.
