KD Logo

The Attractiveness of Investing In Sunnova Energy International Inc (NOVA) is Growing

Sunnova Energy International Inc’s recently made public that its Director ROBERTSON CORBIN J III acquired Company’s shares for reported $0.12 million on Nov 19 ’24. In the deal valued at $3.56 per share,35,000 shares were bought. As a result of this transaction, ROBERTSON CORBIN J III now holds 120,048 shares worth roughly $0.59 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Mohamed Akbar bought 50,000 shares, generating $177,960 in total proceeds. Upon buying the shares at $3.56, the Director now owns 402,654 shares.

Before that, Williams Eric Michael bought 13,800 shares. Sunnova Energy International Inc shares valued at $49,680 were divested by the EVP, Chief Financial Officer at a price of $3.60 per share. As a result of the transaction, Williams Eric Michael now holds 13,800 shares, worth roughly $67620.0.

Exane BNP Paribas downgraded its Sunnova Energy International Inc [NOVA] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. Jefferies began covering NOVA with “Buy” recommendation on October 10, 2024. Piper Sandler revised its rating on May 21, 2024. It rated NOVA as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of NOVA

On Friday, Sunnova Energy International Inc [NYSE:NOVA] saw its stock jump 12.13% to $4.90. Over the last five days, the stock has gained 30.67%. Sunnova Energy International Inc shares have fallen nearly -67.87% since the year began. Nevertheless, the stocks have fallen -53.24% over the past one year. While a 52-week high of $16.35 was reached on 01/02/24, a 52-week low of $2.99 was recorded on 11/08/24. SMA at 50 days reached $6.66, while 200 days put it at $6.62.

Levels Of Support And Resistance For NOVA Stock

The 24-hour chart illustrates a support level at 4.44, which if violated will result in even more drops to 3.98. On the upside, there is a resistance level at 5.21. A further resistance level may holdings at 5.52. The Relative Strength Index (RSI) on the 14-day chart is 49.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.19%. Stochastics %K at 37.01% indicates the stock is a holding.

How much short interest is there in Sunnova Energy International Inc?

A steep rise in short interest was recorded in Sunnova Energy International Inc stocks on 2024-10-31, dropping by -5.83 million shares to a total of 31.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 37.68 million shares. There was a decline of -18.32%, which implies that there is a negative sentiment for the stock.

Most Popular