Sunrun Inc (NASDAQ:RUN) price closed lower on Monday, April 15, dropping -8.16% below its previous close.
A look at the daily price movement shows that the last close reads $11.64. The company’s 5Y monthly beta was ticking 2.46. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.85 and 52-week low of $8.43. The stock added 12.41% on its value in the past month.
Sunrun Inc, which has a market valuation of $2.35 billion, is expected to release its quarterly earnings report May 08, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give RUN a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that RUN’s price is at present -9.05% off the SMA20 and -16.51% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.02, with weekly volatility standing at 9.17%. The indicator jumps to 7.96% when calculated based on the past 30 days. Sunrun Inc (NASDAQ:RUN)’s beta value is holding at 2.47, while the average true range (ATR) indicator is currently reading 1.00.
An analysis of the Sunrun Inc (NASDAQ:RUN) stock in terms of its daily trading volume indicates that the 3-month average is 14.72 million.
Current records show that the company has 219.39M in outstanding shares. The insiders’ percentage holdings are 3.11% of outstanding shares while the percentage share held by institutions stands at 102.41%. But the -45.54% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
