SolarBank Corporation [NASDAQ: SUUN] traded at a high on Wednesday, posting a 2.82 gain after which it closed the day’ session at $1.82.
The results of the trading session contributed to over 415520 shares changing hands. Over the past one week, the price volatility of SolarBank Corporation stands at 14.93% while the volatility over the past one month is 7.72%.
The market cap for SUUN stock reached $64.25 million, with 35.03 million shares outstanding and 22.66 million shares in the current float. Compared to the average trading volume of 316.12K shares, SUUN reached a trading volume of 415520 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about SolarBank Corporation [SUUN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SUUN shares is $4.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SUUN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for SolarBank Corporation is set at 0.19, with the Price to Sales ratio for SUUN stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 1.77, with the Price to Cash per share for the same quarter was set at 0.49.
How has SUUN stock performed recently?
SolarBank Corporation [SUUN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.27. With this latest performance, SUUN shares dropped by 0.00% in over the last four-week period, additionally sinking by -17.27% over the last 6 months – not to mention a drop of -69.46% in the past year of trading.
SolarBank Corporation [SUUN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and SolarBank Corporation [SUUN] shares currently have an operating margin of -24.45% and a Gross Margin at 14.31%. SolarBank Corporation’s Net Margin is presently recorded at -40.44%.
Return on Equity for this stock declined to -13.21%, with Return on Assets sitting at -13.21%.
Insider trade positions for SolarBank Corporation [SUUN]
There are presently around $8.33%, or 11.49%% of SUUN stock, in the hands of institutional investors.
