Solaredge Technologies Inc (NASDAQ:SEDG) currently has a daily average trading volume of 4.87M but it saw 2205510 shares traded in last market. With a market cap of 835.06M USD, the company’s current market price of $14.41 came rising about 2.27 while comparing to the previous closing price of $14.09. 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 $13.61 while lowest mark touched by it was $14.95.
Taking a look at 20-day trading activity of Solaredge Technologies Inc (SEDG) gives us an average price of $13.06, while its current price level is -86.03% below from 52-week high level whereas it is 40.72% 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 $15.65 while that of 200 days or SMA-200 reads an average of $35.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.34% during that period while stretching the period over a month that decreases to 11.27%. 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 50.70 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 2.49% up while it is 5.34% when we observe its performance for the past one month. Year-to-date it is -84.60% down and over the past year, the stock is showing a downside performance of -81.91%.
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 1.55. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is -44.35% on average.
