The price of Sunrun Inc (NASDAQ:RUN) shares last traded on Wall Street fell -6.60% to $10.04.
RUN stock price is now -8.77% away from the 50-day moving average and -28.42% away from the 200-day moving average. The market capitalization of the company currently stands at $2.25B.
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With the price target enhanced from $14 to $17, UBS Upgraded its rating from Neutral to Buy for Sunrun Inc (NASDAQ: RUN). On January 07, 2025, Exane BNP Paribas Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $16, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, STEELE JEANNA, Chief Legal & People Officer sold 2,012 shares of the company’s stock on Jan 06 ’25. The stock was sold for $22,491 at an average price of $11.18. Upon completion of the transaction, the Chief Legal & People Officer now directly owns 301,389 shares in the company, valued at $3.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Chief Executive Officer Powell Mary sold 4,350 shares of the business’s stock. A total of $48,621 was realized by selling the stock at an average price of $11.18. This leaves the insider owning 560,321 shares of the company worth $5.63 million. A total of 2.87% of the company’s stock is owned by insiders.
During the past 12 months, Sunrun Inc has had a low of $9.01 and a high of $22.26. As of last week, the company has a debt-to-equity ratio of 2.38, a current ratio of 1.47, and a quick ratio of 1.15. The fifty day moving average price for RUN is $11.0046 and a two-hundred day moving average price translates $14.0271 for the stock.
The latest earnings results from Sunrun Inc (NASDAQ: RUN) was released for 2024-09-30. The net profit margin was -18.80% and return on equity was -7.03% for RUN. The company reported revenue of $537.17 million for the quarter, compared to $563.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.62 percent.
