SolarEdge Technologies (SEDG) : On Monday, The money flowed into the SolarEdge Technologies (SEDG) stock with an uptick to downtick ratio was recorded at 2.2. Transactions worth $0.62 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.28 million. The total money flow into the stock was $0.34 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0 million of block transactions on upticks. The total money flow in block trades was $0 million. In terms of price action, SolarEdge Technologies (SEDG) traded down $0.12 during the session at $18.18. Compared to the previous days closing, the stock was down only by -0.66%. For the week, the stock is 5.33%, over previous weeks closing.
Shares of SolarEdge Technologies, Inc. appreciated by 4% during the last five trading days but lost 6.53% on a 4-week basis. SolarEdge Technologies, Inc. is up 1.26% in the last 3-month period. Year-to-Date the stock performance stands at -34.47%.
SolarEdge Technologies (NASDAQ:SEDG): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.46 and $18.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.46, notching a gain of 0.87% for the day. The total traded volume was 435,474 . The stock had closed at $18.30 on the previous day.
In a related news,The officer (VP, Research and Development) of Solaredge Technologies Inc, Galin Yoav sold 1,626 shares at $21.37 on June 2, 2016. The Insider selling transaction had a total value worth of $34,748. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Solaredge Technologies Inc (SolarEdge) is a provider of solar power harvesting and photovoltaic (PV) monitoring solutions. The Companys portfolio of products includes power optimizers, PV inverters and a Web portal for module-level monitoring and fault detection. Its SolarEdge power optimizer is a DC/DC converter which is connected by installers to each PV module or embedded by module manufacturers, replacing the solar junction box. Its SolarEdge DC-AC PV inverter works with the SolarEdge power optimizers. Its SolarEdge PV Monitoring Portal is a Web-based application that provides module-level, string-level and system-wide monitoring. The Companys customers include providers of solar PV systems to residential and commercial end users, such as SolarCity, SunRun Inc. and Vivint Solar, Inc.