The market has been down on Solaredge Technologies Inc (SEDG) stock recently. SEDG gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Solaredge Technologies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SEDG!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SEDG Stock Today?
Solaredge Technologies Inc (SEDG) stock is up 1.89% while the S&P 500 is down -0.14% as of 1:00 PM on Friday, Jan 7. SEDG is higher by $4.68 from the previous closing price of $248.24 on volume of 326,970 shares. Over the past year the S&P 500 has gained 25.11% while SEDG is down -27.35%. SEDG earned $2.65 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 95.46.
To screen for more stocks like Solaredge Technologies Inc click here.
More About Solaredge Technologies Inc
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting the energy storage, e-mobility, and ultracritical power solutions industries.
Click Here to get the full Stock Report for Solaredge Technologies Inc stock.
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