Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Sunrun Inc (NASDAQ: RUN) closed at $11.78 in the last session, down -1.75% from day before closing price of $11.99. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 6.99 million shares were traded. RUN stock price reached its highest trading level at $12.06 during the session, while it also had its lowest trading level at $11.65.
Ratios:
We take a closer look at RUN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 2.02.
Piper Sandler Upgraded its Neutral to Overweight on December 19, 2023, whereas the target price for the stock was revised from $15 to $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when Fenster Edward Harris sold 172,920 shares for $11.95 per share. The transaction valued at 2,066,193 led to the insider holds 1,261,317 shares of the business.
Powell Mary sold 22,549 shares of RUN for $272,261 on Apr 08 ’24. The Chief Executive Officer now owns 379,768 shares after completing the transaction at $12.07 per share. On Apr 08 ’24, another insider, Abajian Danny, who serves as the Chief Financial Officer of the company, sold 17,440 shares for $12.07 each. As a result, the insider received 210,548 and left with 163,734 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, RUN now has a Market Capitalization of 2611166464 and an Enterprise Value of 14772840448. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 6.537 whereas that against EBITDA is -51.122.
Stock Price History:
Over the past 52 weeks, RUN has reached a high of $23.85, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 4.04%, while the 200-Day Moving Average is calculated to be -13.10%.
Shares Statistics:
According to the various share statistics, RUN traded on average about 13.70M shares per day over the past 3-months and 9748640 shares per day over the past 10 days. A total of 219.39M shares are outstanding, with a floating share count of 214.70M. Insiders hold about 3.14% of the company’s shares, while institutions hold 101.68% stake in the company. Shares short for RUN as of 1713139200 were 51949001 with a Short Ratio of 3.79, compared to 1710460800 on 43747412. Therefore, it implies a Short% of Shares Outstanding of 51949001 and a Short% of Float of 28.549999999999997.
