There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Sunnova Energy International Inc. (NOVA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.34%, to $20.38. The Sunnova Energy International Inc. has recorded 40,375 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted SolarEdge and Sunnova Expand Partnership to Include SolarEdge Home Battery in Sunnova’s Energy as a Service Portfolio.
This NYSE-listed company operates within the Solar industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $20.45 and fluctuated between $20.52 as its day high and $19.34 as its day low. The current market capitalization of Sunnova Energy International Inc. is $2.28B. A total of 2.66 million shares were traded on the day, compared to an average of 3.32M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, NOVA has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 3,036 and the disposition of 0 shares. Over the last 12 months, there were 48 BUYs and 55 SELLs from insiders. Insiders purchased 498,765 shares during that period but sold 344,922.
In the most recent transaction, DuBose Arthur sold 327 shares of NOVA for 27.34 per share on Sep 28. After the transaction, the insider now owns 2,146 company shares. In a previous transaction on Aug 08, Berger William J sold 150,000 shares at 30.04 per share. NOVA shares that insider owns now total 301,142.
Among the insiders who sold shares, Hultberg Kelsey disposed of 2,000 shares on Aug 05 at a per-share price of $28.00. This resulted in the insider holding 15,493 shares of NOVA after the transaction. In another insider transaction, Nutting Meghan sold 2,999 shares at $24.51 per share on Aug 01. Company shares held by the insider now total 38,690.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for NOVA in the last 3 months, the mean price target is $36.73 with high estimates of $51.00 and low estimates of $24.00. In terms of 52-week highs and lows, NOVA has a high of $31.47 and a low of $12.47.
As of this writing, NOVA has an earnings estimate of -$0.37 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.69. The company reported an EPS of -$0.32 in the last quarter, which was -60.00% lower than expectations of -$0.2.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 24 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NOVA is Sell with a score of 4.74. A total of 19 analysts rated the stock as Buy while 2 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.