In yesterday’s Wall Street session, Sunrun Inc (NASDAQ:RUN) shares traded at $15.94, up 2.71% from the previous session.
RUN stock price is now -14.12% away from the 50-day moving average and 7.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.56B.
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, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, STEELE JEANNA, Chief Legal & People Officer sold 2,624 shares of the company’s stock on Oct 07 ’24. The stock was sold for $42,896 at an average price of $16.35. Upon completion of the transaction, the Chief Legal & People Officer now directly owns 305,636 shares in the company, valued at $4.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 07 ’24, Chief Executive Officer Powell Mary sold 6,415 shares of the business’s stock. A total of $104,849 was realized by selling the stock at an average price of $16.34. This leaves the insider owning 569,368 shares of the company worth $9.08 million. A total of 2.88% 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 $22.26. As of last week, the company has a debt-to-equity ratio of 2.25, a current ratio of 1.66, and a quick ratio of 1.31. The fifty day moving average price for RUN is $18.5602 and a two-hundred day moving average price translates $14.782975 for the stock.
The latest earnings results from Sunrun Inc (NASDAQ: RUN) was released for 2024-06-30. The net profit margin was -66.36% and return on equity was -22.88% for RUN. The company reported revenue of $523.87 million for the quarter, compared to $590.19 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.24 percent.
