For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Sunnova Energy International Inc’s stock clocked out at $1.85, down -5.13% from its previous closing price of $1.95. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 7.38 million shares were traded.
Ratios:
To gain a deeper understanding of NOVA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 4.64 whereas as Long-Term Debt/Eq ratio is at 4.45.
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, Jefferies on February 07, 2025, Downgraded its rating to Hold and sets its target price to $2 from $9 previously.
On January 10, 2025, Susquehanna Downgraded its rating to Neutral which previously was Positive but kept the price unchanged to $4.50.
On December 19, 2024, TD Cowen started tracking the stock assigning a Hold rating and target price of $5.TD Cowen initiated its Hold rating on December 19, 2024, with a $5 target price.
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 Feb 03 ’25 when Mathews Paul S bought 562 shares for $1.84 per share.
ROBERTSON CORBIN J III bought 35,000 shares of NOVA for $124,498 on Nov 19 ’24. The Director now owns 120,048 shares after completing the transaction at $3.56 per share. On Nov 19 ’24, another insider, Mohamed Akbar, who serves as the Director of the company, bought 50,000 shares for $3.56 each. As a result, the insider paid 177,960 and bolstered with 402,654 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.13.
Stock Price History:
Over the past 52 weeks, NOVA has reached a high of $13.00, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is -40.98%, while the 200-Day Moving Average is calculated to be -68.40%.
Shares Statistics:
A total of 124.92M shares are outstanding, with a floating share count of 115.31M. Insiders hold about 7.71% of the company’s shares, while institutions hold 97.49% stake in the company.
