Sunnova Energy International Inc (NYSE:NOVA) shares, rose in value on Wednesday, April 16, with the stock price down by -18.31% to the previous day’s close as strong demand from buyers drove the stock to $0.19.
Actively observing the price movement in the last trading, the stock closed the session at $0.23, falling within a range of $0.18 and $0.2228. The value of beta (5-year monthly) was 2.891. Referring to stock’s 52-week performance, its high was $13.00, and the low was $0.23. On the whole, NOVA has fluctuated by -51.16% over the past month.
With the market capitalization of Sunnova Energy International Inc currently standing at about $23.15 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-02.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NOVA’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NOVA currently trading nearly -42.50% and -80.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 23.78, while the 7-day volatility ratio is showing 14.34% which for the 30-day chart, stands at 18.88%. Furthermore, Sunnova Energy International Inc (NOVA)’s beta value is 3.03, and its average true range (ATR) is 0.08.
A comparison of Sunnova Energy International Inc (NOVA) with its peers suggests the former has fared considerably weaker in the market. NOVA showed an intraday change of -18.31% in last session, and over the past year, it shrunk by -95.49%%.
Data on historical trading for Sunnova Energy International Inc (NYSE:NOVA) indicates that the trading volumes over the past 10 days have averaged 9.97 and over the past 3 months, they’ve averaged 19.62 million. According to company’s latest data on outstanding shares, there are 125.07 million shares outstanding.
Nearly 7.87% of Sunnova Energy International Inc’s shares belong to company insiders and institutional investors own 96.59% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 30.52 million shares as on 2025-03-31, resulting in a short ratio of 0.83. According to the data, the short interest in Sunnova Energy International Inc (NOVA) stood at 3274.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 39.3 million. The stock has fallen by -94.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NOVA stock heading into the next quarter.
