The price of Sunrun Inc (NASDAQ:RUN) shares last traded on Wall Street rose 2.83% to $14.55.
RUN stock price is now 21.26% away from the 50-day moving average and 11.71% away from the 200-day moving average. The market capitalization of the company currently stands at $3.23B.
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, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Powell Mary, Chief Executive Officer sold 3,017 shares of the company’s stock on Jun 06 ’24. The stock was sold for $43,595 at an average price of $14.45. Upon completion of the transaction, the Chief Executive Officer now directly owns 586,910 shares in the company, valued at $8.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’24, Pres. & Chief Revenue Officer Dickson Paul S. sold 2,486 shares of the business’s stock. A total of $35,876 was realized by selling the stock at an average price of $14.43. This leaves the insider owning 447,184 shares of the company worth $6.51 million. A total of 3.09% of the company’s stock is owned by insiders.
During the past 12 months, Sunrun Inc has had a low of $8.43 and a high of $23.85. As of last week, the company has a debt-to-equity ratio of 2.23, a current ratio of 1.31, and a quick ratio of 0.99. The fifty day moving average price for RUN is $11.9991 and a two-hundred day moving average price translates $13.025025 for the stock.
The latest earnings results from Sunrun Inc (NASDAQ: RUN) was released for 2024-03-31. The net profit margin was -68.20% and return on equity was -24.92% for RUN. The company reported revenue of $458.19 million for the quarter, compared to $589.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.32 percent.
