On 12/14/23, SolarEdge Technologies Inc (NASDAQ: SEDG) stock enjoyed a major increase of 16.6%, closing at $96.32. Moreover, this advance was accompanied by exceptionally high trading volume at 206% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 19.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SEDG is expected to be Value Creation neutral.
SolarEdge Technologies has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SolarEdge Technologies has a very low Appreciation Score of 12 and a very low Power Rating of 0, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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