Investors Are Waking Up To Sunnova Energy International Inc (NYSE: NOVA) After Losing -94.49% Over The Past 12 Months

Sunnova Energy International Inc (NYSE:NOVA) currently has a daily average trading volume of 19.90M but it saw 7004054 shares traded in last market. With a market cap of 26.30M USD, the company’s current market price of $0.21 came falling about -1.41 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.00 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.207 while lowest mark touched by it was $0.2378.

Taking a look at 20-day trading activity of Sunnova Energy International Inc (NOVA) gives us an average price of $0.2720, while its current price level is -98.38% below from 52-week high level whereas it is 37.54% 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 $0.7211 while that of 200 days or SMA-200 reads an average of $4.8911. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.24% during that period while stretching the period over a month that decreases to 17.35%. 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 29.48 which implies that the stock is in oversold territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which downgraded the stock as “Neutral” in its note to investors issued on March 05, 2025, recommending a price target of between $11 and $1 for it. Barclays downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on March 05, 2025 while assigning a price target range of $9-$1. Wells Fargo also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $4 and $0.50.

Over the week, NOVA’s stock price is moving 13.61% up while it is -41.68% when we observe its performance for the past one month. Year-to-date it is -93.87% down and over the past year, the stock is showing a downside performance of -94.49%.

The company is expected to be releasing its next quarterly report on 2025-Mar-02, for which analysts forecasted an EPS of -0.97 while estimate for next year EPS is -3.09. In next quarter, company is expected to be making quarterly sales of $257.72M as analysts are expecting the sales for current fiscal year at $1.01B and seeing the company making $1.16B in sales next year. Moreover, analysts are in estimates of $207.55M for current-quarter revenue.

Currently, Sunnova Energy International Inc’s total number of outstanding shares is 125.07M with 2.62% of that held by the insiders while 108.49% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.69% and return on equity (ROE) at -21.91%. Stock’s beta reads 3.05. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is -2.98% on average.