The stock of SolarBank Corporation (NASDAQ: SUUN) has decreased by -24.04 when compared to last closing price of 4.45.Despite this, the company has seen a loss of -27.62% in its stock price over the last five trading days. prnewswire.com reported 2025-03-21 that TORONTO, March 21, 2025 /PRNewswire/ – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) (“SolarBank” or the “Company”), today announced it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 2,394,367 common shares and warrants to purchase up to 2,394,367 common shares at a combined purchase price of US$3.55 per common share and accompanying warrant, pursuant to a registered direct offering for aggregate gross proceeds of approximately US$8.5 million before deducting fees and other estimated offering expenses (the “Offering”). The warrants will be exercisable immediately at an exercise price of US$4.45 per share and will expire five years from the date of issuance.
Is It Worth Investing in SolarBank Corporation (NASDAQ: SUUN) Right Now?
Additionally, the 36-month beta value for SUUN is -0.71. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SUUN is 20.46M and currently, short sellers hold a 0.36% ratio of that float. The average trading volume of SUUN on March 21, 2025 was 204.21K shares.
SUUN’s Market Performance
SUUN stock saw a decrease of -27.62% in the past week, with a monthly decline of -23.18% and a quarterly a decrease of 44.77%. The volatility ratio for the week is 9.72%, and the volatility levels for the last 30 days are 12.16% for SolarBank Corporation (SUUN). The simple moving average for the past 20 days is -16.06% for SUUN’s stock, with a -15.13% simple moving average for the past 200 days.
SUUN Trading at -7.24% from the 50-Day Moving Average
After a stumble in the market that brought SUUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.93% of loss for the given period.
Volatility was left at 12.16%, however, over the last 30 days, the volatility rate increased by 9.72%, as shares sank -24.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.61% upper at present.
During the last 5 trading sessions, SUUN fell by -29.76%, which changed the moving average for the period of 200-days by -45.33% in comparison to the 20-day moving average, which settled at $4.02. In addition, SolarBank Corporation saw 64.88% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SUUN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.24 for the gross margin
The net margin for SolarBank Corporation stands at -0.14. The total capital return value is set at 0.01. Equity return is now at value -16.76, with -4.73 for asset returns.
Based on SolarBank Corporation (SUUN), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at -0.22. The debt to equity ratio resting at 1.65. The interest coverage ratio of the stock is 0.81.
Currently, EBITDA for the company is 63753.0 with net debt to EBITDA at 83.87. When we switch over and look at the enterprise to sales, we see a ratio of 4.87. The receivables turnover for the company is 4.62for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In conclusion, SolarBank Corporation (SUUN) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
