Sunrun Inc. (NASDAQ:RUN) previous close was $41.42 while the outstanding shares total 202.56M. The firm has a beta of 2.11. RUN’s shares traded lower over the last trading session, losing -3.43% on 05/17/21. The shares fell to a low of $40.22 before closing at $40.00. Intraday shares traded counted 5.12 million, which was 20.25% higher than its 30-day average trading volume of 6.42M. The stock’s Relative Strength Index (RSI) is 37.79, with weekly volatility at 8.70% and ATR at 3.75. The RUN stock’s 52-week price range has touched low of $13.59 and a $100.93 high.
Investors have identified the Solar company Sunrun Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.77 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sunrun Inc. (RUN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RUN, the company has in raw cash 813.28 million on their books with 103.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.27 billion total, with 798.84 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.22 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RUN sounds very interesting.
Is the stock of RUN attractive?
In related news, Chief Financial Officer, vonReichbauer Thomas Arthur sold 23,415 shares of the company’s stock in a transaction that recorded on May 04. The sale was performed at an average price of 44.30, for a total value of 1,037,369. As the sale deal closes, the Director, Dach Leslie A now sold 25,000 shares of the company’s stock, valued at 1,303,128. Also, Director, Bywater David sold 85,258 shares of the company’s stock in a deal that was recorded on Apr 08. The shares were price at an average price of 54.37 per share, with a total market value of 4,635,179. Following this completion of acquisition, the Chief Accounting Officer, Philpot Michelle now holds 2,626 shares of the company’s stock, valued at 163,915. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.90%.