The 36-month beta value for RUN is at 2.47. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for RUN is 212.76M, and currently, shorts hold a 21.86% of that float. The average trading volume for RUN on April 15, 2024 was 14.75M shares.
RUN) stock’s latest price update
Sunrun Inc (NASDAQ: RUN)’s stock price has dropped by -1.77 in relation to previous closing price of 11.85. Nevertheless, the company has seen a loss of -1.61% in its stock price over the last five trading days. InvestorPlace reported 2024-04-08 that Solar stocks are gaining ground again in 2024 after hawkish federal and domestic supply chain issues led to a decline in share prices. This is thanks to policy issues focusing on this market segment regardless of Republican and Democratic platforms.
RUN’s Market Performance
Sunrun Inc (RUN) has seen a -1.61% fall in stock performance for the week, with a 16.75% gain in the past month and a -26.19% plunge in the past quarter. The volatility ratio for the week is 8.19%, and the volatility levels for the past 30 days are at 7.85% for RUN.. The simple moving average for the past 20 days is -0.06% for RUN’s stock, with a -18.48% simple moving average for the past 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 -9.49% 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 -51.19% of loss for the given period.
Volatility was left at 7.85%, however, over the last 30 days, the volatility rate increased by 8.19%, as shares surge +22.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.61% lower at present.
During the last 5 trading sessions, RUN fell by -1.61%, which changed the moving average for the period of 200-days by -36.74% in comparison to the 20-day moving average, which settled at $11.75. In addition, Sunrun Inc saw -40.70% 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 Powell Mary, who sale 22,549 shares at the price of $12.07 back on Apr 08 ’24. After this action, Powell Mary now owns 379,768 shares of Sunrun Inc, valued at $272,261 using the latest closing price.
Abajian Danny, the Chief Financial Officer of Sunrun Inc, sale 17,440 shares at $12.07 during a trade that took place back on Apr 08 ’24, which means that Abajian Danny is holding 163,734 shares at $210,548 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 5.74. 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 conclusion, Sunrun Inc (RUN) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
