Stocks of Sunrun Inc (NASDAQ:RUN) traded higher last session on Wall Street, down -1.79% to $6.59.
RUN stock price is now -20.40% away from the 50-day moving average and -49.92% away from the 200-day moving average. The market capitalization of the company currently stands at $1.49B.
With the price target reduced from $14 to $8, Jefferies Downgraded its rating from Buy to Hold for Sunrun Inc (NASDAQ: RUN). On February 28, 2025, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $18 to quote $14, while ‘UBS’ rates the stock as ‘Buy’
In other news, STEELE JEANNA, Chief Legal & People Officer sold 1,686 shares of the company’s stock on Mar 06 ’25. The stock was sold for $11,199 at an average price of $6.64. Upon completion of the transaction, the Chief Legal & People Officer now directly owns 301,180 shares in the company, valued at $1.98 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’25, Chief Executive Officer Powell Mary sold 2,046 shares of the business’s stock. A total of $13,598 was realized by selling the stock at an average price of $6.65. This leaves the insider owning 565,812 shares of the company worth $3.73 million. A total of 2.90% of the company’s stock is owned by insiders.
During the past 12 months, Sunrun Inc has had a low of $5.93 and a high of $22.26. As of last week, the company has a debt-to-equity ratio of 5.13, a current ratio of 1.29, and a quick ratio of 0.99. The fifty day moving average price for RUN is $8.279 and a two-hundred day moving average price translates $13.160025 for the stock.
The latest earnings results from Sunrun Inc (NASDAQ: RUN) was released for 2024-12-31. The net profit margin was -139.67% and return on equity was -73.12% for RUN. The company reported revenue of $518.49 million for the quarter, compared to $516.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.37 percent.
