Sunrun Inc (NASDAQ:RUN) price on Thursday, May 09,rose 7.82% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $12.41.
A look at the stock’s price movement, the close in the last trading session was $11.51. Turning to its 52-week performance, $23.85 and $8.43 were the 52-week high and 52-week low respectively. Overall, RUN moved 0.98% over the past month.
Sunrun Inc’s market cap currently stands at around $2.75 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RUN is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
RUN’s current price about 15.30% and 9.60% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.18, while 7-day volatility ratio is 5.74% and 6.94% in the 30-day chart. Further, Sunrun Inc (RUN) has a beta value of 2.60, and an average true range (ATR) of 0.83.
If we refocus on Sunrun Inc (NASDAQ:RUN), historical trading data shows that trading volumes averaged 13.54 million over the past 3 months. The company’s latest data on shares outstanding shows there are 219.39 million shares.
The 3.14% of Sunrun Inc’s shares are in the hands of company insiders while institutional holders own 99.87% of the company’s shares. Current price change has pushed the stock -36.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RUN stock continues to rise going into the next quarter.