After Hours
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 Sunworks Inc. (SUNW) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.86%, to $1.15. The Sunworks Inc. has recorded 14,055 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Sunworks Announces First Quarter 2023 Results.
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Stocks Info
This NASDAQ-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 $1.16 and fluctuated between $1.2700 as its day high and $1.0900 as its day low. The current market capitalization of Sunworks Inc. is $36.81M. A total of 1.64 million shares were traded on the day, compared to an average of 758.79K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, SUNW has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 4,100 shares. Over the last 12 months, there were 10 BUYs and 14 SELLs from insiders. Insiders purchased 587,252 shares during that period but sold 38,770.
In the most recent transaction, Bonfigt Jason Lee bought 1,000 shares of SUNW for 1.81 per share on Jun 14. After the transaction, the Chief Financial Officer now owns 141,358 company shares. In a previous transaction on Jun 13, Morris Gaylon bought 10,000 shares at 1.90 per share. SUNW shares that Chief Executive Officer owns now total 230,000.
Among the insiders who bought shares, Bonfigt Jason Lee acquired of 2,500 shares on Jun 13 at a per-share price of $1.90. This resulted in the Chief Financial Officer holding 140,358 shares of SUNW after the transaction.
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 SUNW in the last 3 months, the mean price target is $3.23 with high estimates of $4.00 and low estimates of $1.70. In terms of 52-week highs and lows, SUNW has a high of $4.72 and a low of $0.73.
As of this writing, SUNW has an earnings estimate of -$0.26 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.22 per share and a lower estimate of -$0.3. The company reported an EPS of -$0.16 in the last quarter, which was -14.30% lower than expectations of -$0.14.
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. SUNW’s latest balance sheet shows that the firm has $19.72M in Cash & Short Term Investments as of fiscal 2021. There were $3.47M in debt and $24.75M in liabilities at the time. Its Book Value Per Share was $1.81, while its Total Shareholder’s Equity was $72.77M.
Analysts Opinion
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, 0 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 SUNW is Buy with a score of 4.33.
