The 36-month beta value for RUN is also noteworthy at 2.46. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
The public float for RUN is 213.34M, and at present, short sellers hold a 20.51% of that float. The average trading volume of RUN on April 01, 2024 was 14.31M shares.
RUN) stock’s latest price update
Sunrun Inc (NASDAQ: RUN)’s stock price has plunge by 0.61relation to previous closing price of 13.10. Nevertheless, the company has seen a 12.07% surge in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-29 that The Fed seems comfortable with inflation and rate cuts may finally be on the horizon. The dumping of Chinese products is also in focus, which could be good for renewable energy companies, depending on your perspective.
RUN’s Market Performance
RUN’s stock has risen by 12.07% in the past week, with a monthly rise of 11.69% and a quarterly drop of -35.14%. The volatility ratio for the week is 7.68% while the volatility levels for the last 30 days are 7.62% for Sunrun Inc The simple moving average for the last 20 days is 15.66% for RUN stock, with a simple moving average of -9.81% for the last 200 days.
Analysts’ Opinion of RUN
Piper Sandler gave a rating of “Overweight” to RUN, setting the target price at $31 in the report published on December 19th of the previous year.
RUN Trading at -0.13% from the 50-Day Moving Average
After a stumble in the market that brought RUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.74% of loss for the given period.
Volatility was left at 7.62%, however, over the last 30 days, the volatility rate increased by 7.68%, as shares surge +9.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.23% lower at present.
During the last 5 trading sessions, RUN rose by +12.07%, which changed the moving average for the period of 200-days by -32.79% in comparison to the 20-day moving average, which settled at $11.45. In addition, Sunrun Inc saw -32.86% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RUN starting from Jurich Lynn Michelle, who sale 2,836 shares at the price of $10.01 back on Mar 18 ’24. After this action, Jurich Lynn Michelle now owns 1,399,810 shares of Sunrun Inc, valued at $28,378 using the latest closing price.
STEELE JEANNA, the Chief Legal & People Officer of Sunrun Inc, sale 805 shares at $10.02 during a trade that took place back on Mar 18 ’24, which means that STEELE JEANNA is holding 238,919 shares at $8,062 based on the most recent closing price.
Stock Fundamentals for RUN
Current profitability levels for the company are sitting at:
- -0.88 for the present operating margin
- 0.07 for the gross margin
The net margin for Sunrun Inc stands at -0.75. The total capital return value is set at -0.1. Equity return is now at value -26.87, with -7.68 for asset returns.
Based on Sunrun Inc (RUN), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 2.12. The interest coverage ratio of the stock is -3.03.
Currently, EBITDA for the company is -352.87 million with net debt to EBITDA at -29.5. When we switch over and look at the enterprise to sales, we see a ratio of 5.89. The receivables turnover for the company is 13.14for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In summary, Sunrun Inc (RUN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
