Sunworks Inc. [NASDAQ: SUNW] stock went on an upward path that rose over 42.11% on Monday, amounting to a one-week price increase of more than 255.69%.
Over the last 12 months, SUNW stock rose by 19.28%. The average equity rating for SUNW stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $92.93 million, with 16.63 million shares outstanding and 16.54 million shares in the current float. Compared to the average trading volume of 11.45M shares, SUNW stock reached a trading volume of 76842005 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Sunworks Inc. [SUNW]:
ROTH Capital have made an estimate for Sunworks Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 02, 2020. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Neutral. The new note on the price target was released on June 27, 2017, representing the official price target for Sunworks Inc. stock.
The Average True Range (ATR) for Sunworks Inc. is set at 0.98, with the Price to Sales ratio for SUNW stock in the period of the last 12 months amounting to 1.72. The Price to Book ratio for the last quarter was 6.06, with the Price to Cash per share for the same quarter was set at 0.25.
SUNW Stock Performance Analysis:
Sunworks Inc. [SUNW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 255.69. With this latest performance, SUNW shares gained by 309.43% in over the last four-week period, additionally plugging by 681.78% over the last 6 months – not to mention a rise of 19.28% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SUNW stock in for the last two-week period is set at 65.63, with the RSI for the last a single of trading hit 66.36, and the three-weeks RSI is set at 65.27 for Sunworks Inc. [SUNW]. The present Moving Average for the last 50 days of trading for this stock 1.06, while it was recorded at 2.18 for the last single week of trading, and 0.80 for the last 200 days.
Insight into Sunworks Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Sunworks Inc. [SUNW] shares currently have an operating margin of -13.92 and a Gross Margin at +10.55. Sunworks Inc.’s Net Margin is presently recorded at -15.35.
Return on Total Capital for SUNW is now -58.12, given the latest momentum, and Return on Invested Capital for the company is -69.53. Return on Equity for this stock declined to -99.64, with Return on Assets sitting at -29.16. When it comes to the capital structure of this company, Sunworks Inc. [SUNW] has a Total Debt to Total Equity ratio set at 63.12. Additionally, SUNW Total Debt to Total Capital is recorded at 38.69, with Total Debt to Total Assets ending up at 17.30. Long-Term Debt to Equity for the company is recorded at 48.86, with the Long-Term Debt to Total Capital now at 29.95.
Reflecting on the efficiency of the workforce at the company, Sunworks Inc. [SUNW] managed to generate an average of -$51,607 per employee. Receivables Turnover for the company is 4.46 with a Total Asset Turnover recorded at a value of 1.90.Sunworks Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.30.
SUNW Stock EPS
With the latest financial reports released by the company, Sunworks Inc. posted -0.26/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SUNW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sunworks Inc. go to 10.00%.
Sunworks Inc. [SUNW] Insider Position Details
There are presently around $1 million, or 2.00% of SUNW stock, in the hands of institutional investors. The top three institutional holders of SUNW stocks are: UBS GROUP AG with ownership of 58,944, which is approximately New of the company’s market cap and around 1.72% of the total institutional ownership; VANGUARD GROUP INC, holding 35,817 shares of the stock with an approximate value of $0.11 million in SUNW stocks shares; and VIRTU FINANCIAL LLC, currently with $99000.0 in SUNW stock with ownership of nearly -10.094% of the company’s market capitalization.
Positions in Sunworks Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 7 institutional holders increased their position in Sunworks Inc. [NASDAQ:SUNW] by around 129,910 shares. Additionally, 4 investors decreased positions by around 20,215 shares, while 5 investors held positions by with 68,118 shares. The mentioned changes placed institutional holdings at 218,243 shares, according to the latest SEC report filing. SUNW stock had 5 new institutional investments in for a total of 124,631 shares, while 2 institutional investors sold positions of 995 shares during the same period.