Sunrun Inc (NASDAQ: RUN) closed the day trading at $11.83 down -2.39% from the previous closing price of $12.12. On the day, 8209487 shares were traded.
Ratios:
For a better understanding of RUN, let’s look at its different ratios. 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:
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 18 ’24 when Jurich Lynn Michelle sold 2,836 shares for $10.01 per share. The transaction valued at 28,378 led to the insider holds 1,399,810 shares of the business.
STEELE JEANNA sold 805 shares of RUN for $8,062 on Mar 18 ’24. The Chief Legal & People Officer now owns 238,919 shares after completing the transaction at $10.02 per share. On Mar 18 ’24, another insider, Abajian Danny, who serves as the Chief Financial Officer of the company, sold 402 shares for $10.03 each. As a result, the insider received 4,030 and left with 181,576 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 2.60B and an Enterprise Value of 13.01B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 5.76 whereas that against EBITDA is -8.61.
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 13.05, while the 200-Day Moving Average is calculated to be 14.39.
Shares Statistics:
Over the past 3-months, RUN traded about 14.80M shares per day on average, while over the past 10 days, RUN traded about 15.25M shares per day. A total of 219.39M shares are outstanding, with a floating share count of 213.34M. Insiders hold about 2.84% of the company’s shares, while institutions hold 101.25% stake in the company. Shares short for RUN as of Mar 15, 2024 were 43.75M with a Short Ratio of 2.96, compared to 33.87M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.92% and a Short% of Float of 23.83%.
