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As of close of business last night, Solaredge Technologies Inc’s stock clocked out at $14.68, up 8.10% from its previous closing price of $13.58. In other words, the price has increased by $8.10 from its previous closing price. On the day, 4.89 million shares were traded. SEDG stock price reached its highest trading level at $15.18 during the session, while it also had its lowest trading level at $13.71.
Ratios:
To gain a deeper understanding of SEDG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 08, 2025, Downgraded its rating to Sell and sets its target price to $9 from $12 previously.
On December 17, 2024, Goldman Upgraded its rating to Buy which previously was Sell and also upped its target price recommendation from $10 to $19.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 13 ’24 when GANI MARCEL bought 20,000 shares for $11.43 per share. The transaction valued at 228,648 led to the insider holds 53,035 shares of the business.
AVERY MORE bought 156,000 shares of SEDG for $2,129,400 on Nov 11 ’24. The Chairman of the Board now owns 244,478 shares after completing the transaction at $13.65 per share. On Feb 29 ’24, another insider, AVERY MORE, who serves as the Director of the company, bought 7,000 shares for $67.75 each. As a result, the insider paid 474,250 and bolstered with 77,446 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEDG now has a Market Capitalization of 850707456 and an Enterprise Value of 930377984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.889 whereas that against EBITDA is -0.743.
Stock Price History:
The Beta on a monthly basis for SEDG is 1.56, which has changed by -0.7939649 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, SEDG has reached a high of $87.98, while it has fallen to a 52-week low of $10.24. The 50-Day Moving Average of the stock is 6.77%, while the 200-Day Moving Average is calculated to be -47.83%.
Shares Statistics:
It appears that SEDG traded 5.35M shares on average per day over the past three months and 3880530 shares per day over the past ten days. A total of 57.18M shares are outstanding, with a floating share count of 56.59M. Insiders hold about 2.34% of the company’s shares, while institutions hold 101.90% stake in the company. Shares short for SEDG as of 1735603200 were 22403277 with a Short Ratio of 4.19, compared to 1732838400 on 19704363. Therefore, it implies a Short% of Shares Outstanding of 22403277 and a Short% of Float of 46.21.
