rts logo

Sunnova Energy International Inc (NOVA) Stock Could Soon Reward Patient Investors

Sunnova Energy International Inc (NYSE: NOVA) is -60.13% lower on its value in year-to-date trading and has touched a low of $3.37 and a high of $24.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NOVA stock was last observed hovering at around $5.93 in the last trading session, with the day’s gains setting it 0.15%.

Currently trading at $6.08, the stock is 9.54% and 23.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.98 million and changing 2.53% at the moment leaves the stock -26.45% off its SMA200. NOVA registered -65.77% loss for a year compared to 6-month loss of -52.24%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 16.92% gain in the last 1 month and extending the period to 3 months gives it a 32.46%, and is 16.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.57% over the week and 10.30% over the month.

Sunnova Energy International Inc (NOVA) has around 2047 employees, a market worth around $753.80M and $719.86M in sales. Profit margin for the company is -56.52%. Distance from 52-week low is 80.42% and -75.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.57%).

with sales reaching $221.89M over the same period.The EPS is expected to grow by 33.07% this year, but quarterly earnings will post 22.60% year-over-year.

Sunnova Energy International Inc (NOVA) Top Institutional Holders

The shares outstanding are 122.47M, and float is at 101.51M with Short Float at 34.62%.

Sunnova Energy International Inc (NOVA) Insider Activity

The most recent transaction is an insider sale by Grasso Michael P. SEC filings show that Grasso Michael P sold 7,409 shares of the company’s common stock on Mar 25 ’24 at a price of $5.89 per share for a total of $43639.0. Following the sale, the insider now owns 67579.0 shares.

Sunnova Energy International Inc disclosed in a document filed with the SEC on Mar 25 ’24 that LANE ROBERT LAWRENCEsold a total of 6,710 shares of the company’s common stock. The trade occurred on Mar 25 ’24 and was made at $5.89 per share for $39522.0. Following the transaction, the insider now directly holds 0.14 million shares of the NOVA stock.

Still, SEC filings show that on Mar 25 ’24, Nutting Meghan () disposed off 2,917 shares at an average price of $5.80 for $16919.0. The insider now directly holds 55,851 shares of Sunnova Energy International Inc (NOVA).

Related Posts