Sunrun Inc (NASDAQ:RUN) shares traded -1.15% lower at $9.44 on Wall Street last session.
RUN stock price is now -10.03% away from the 50-day moving average and -32.36% away from the 200-day moving average. The market capitalization of the company currently stands at $2.12B.
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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, Jurich Lynn Michelle, Director bought 50,000 shares of the company’s stock on Jan 17 ’25. The stock was bought for $479,343 at an average price of $9.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, Chief Legal & People Officer STEELE JEANNA sold 2,012 shares of the business’s stock. A total of $22,491 was realized by selling the stock at an average price of $11.18. This leaves the insider owning 301,389 shares of the company worth $2.85 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 $10.4926 and a two-hundred day moving average price translates $13.9566 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. For the current quarter, analysts expect RUN to generate $540.47M in revenue.
