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.
The closing price of Solaredge Technologies Inc (NASDAQ: SEDG) was $16.49 for the day, down -7.83% from the previous closing price of $17.89. In other words, the price has decreased by -$7.83 from its previous closing price. On the day, 3.53 million shares were traded.
Ratios:
Our analysis of SEDG’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 1.45.
Stock Price History:
Over the past 52 weeks, SEDG has reached a high of $78.40, while it has fallen to a 52-week low of $10.24. The 50-Day Moving Average of the stock is 10.56%, while the 200-Day Moving Average is calculated to be -27.82%.
Shares Statistics:
A total of 58.03M shares are outstanding, with a floating share count of 57.41M. Insiders hold about 2.34% of the company’s shares, while institutions hold 99.59% stake in the company.
