Sunnova Energy International Inc (NYSE:NOVA) price on Thursday, May 09,rose 5.35% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.33.
A look at the stock’s price movement, the close in the last trading session was $4.11. Turning to its 52-week performance, $24.56 and $3.37 were the 52-week high and 52-week low respectively. Overall, NOVA moved -10.17% over the past month.
Sunnova Energy International Inc’s market cap currently stands at around $536.83 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NOVA is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
NOVA’s current price about 5.64% and -11.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.63, while 7-day volatility ratio is 8.39% and 11.05% in the 30-day chart. Further, Sunnova Energy International Inc (NOVA) has a beta value of 2.14, and an average true range (ATR) of 0.52.
If we refocus on Sunnova Energy International Inc (NYSE:NOVA), historical trading data shows that trading volumes averaged 10.69 million over the past 3 months. The company’s latest data on shares outstanding shows there are 122.47 million shares.
The 2.42% of Sunnova Energy International Inc’s shares are in the hands of company insiders while institutional holders own 106.06% of the company’s shares. Current price change has pushed the stock -71.61% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NOVA stock continues to rise going into the next quarter.
