Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $13.35 in the prior trading day, Solaredge Technologies Inc (NASDAQ: SEDG) closed at $12.39, down -7.23%. In other words, the price has decreased by -$7.23 from its previous closing price. On the day, 4.92 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SEDG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 0.61.
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, Morgan Stanley on February 20, 2025, Upgraded its rating to Equal-Weight and sets its target price to $18 from $11 previously.
On February 20, 2025, Northland Capital Downgraded its rating to Under Perform which previously was Market Perform but kept the price unchanged to $15.
BMO Capital Markets Downgraded its Market Perform to Underperform on February 20, 2025, whereas the target price for the stock was revised from $13 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’25 when AVERY MORE bought 30,000 shares for $13.70 per share. The transaction valued at 411,000 led to the insider holds 274,478 shares of the business.
GANI MARCEL bought 20,000 shares of SEDG for $228,648 on Nov 13 ’24. The Director now owns 53,035 shares after completing the transaction at $11.43 per share. On Nov 11 ’24, another insider, AVERY MORE, who serves as the Chairman of the Board of the company, bought 156,000 shares for $13.65 each. As a result, the insider paid 2,129,400 and bolstered with 244,478 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.09.
Stock Price History:
Over the past 52 weeks, SEDG has reached a high of $72.12, while it has fallen to a 52-week low of $10.24. The 50-Day Moving Average of the stock is -21.45%, while the 200-Day Moving Average is calculated to be -33.63%.
Shares Statistics:
A total of 58.03M shares are outstanding, with a floating share count of 57.36M. Insiders hold about 2.42% of the company’s shares, while institutions hold 99.52% stake in the company.
