The price of Sunrun Inc (NASDAQ:RUN) shares last traded on Wall Street fell -9.13% to $9.26.
RUN stock price is now -9.34% away from the 50-day moving average and -33.25% away from the 200-day moving average. The market capitalization of the company currently stands at $2.08B.
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 sold 50,000 shares of the company’s stock on Jan 17 ’25. The stock was sold for $479,340 at an average price of $9.59. Upon completion of the transaction, the Director now directly owns 991,753 shares in the company, valued at $9.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 17 ’25, Director Jurich Lynn Michelle bought 50,000 shares of the business’s stock. A total of $479,343 was incurred on buying the stock at an average price of $9.59. A total of 2.85% of the company’s stock is owned by insiders.
During the past 12 months, Sunrun Inc has had a low of $8.22 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 $10.224 and a two-hundred day moving average price translates $13.8875 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.
