Stock Rating Upgrade
Recently the Value Trend Rating for SolarEdge Technologies Inc (NASDAQ: SEDG) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/8/24, SolarEdge Technologies Inc (NASDAQ: SEDG) stock suffered a large decline of -9.1%, closing at $13.53. Moreover, this decline was accompanied by unusually high trading volume at 181% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -20.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SEDG is expected to continue to be a modest Value Builder.
SolarEdge Technologies has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. SolarEdge Technologies has a very high Appreciation Score of 91 but a very low Power Rating of 0, and the Low Neutral Value Trend Rating results.
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