Can SUNation Energy Inc (SUNE) Future Potential Be Undermined By Current Price Volatility?

SUNation Energy Inc (NASDAQ:SUNE) has a beta value of 3.04 and has seen 3.37 million shares traded in the last trading session. The company, currently valued at $1.44M, closed the last trade at $0.33 per share which meant it lost -$0.08 on the day or -19.31% during that session. The SUNE stock price is -94900.0% off its 52-week high price of $313.50 and 51.52% above the 52-week low of $0.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 28.03 million shares traded. The 3-month trading volume is 23.94 million shares.

SUNation Energy Inc (NASDAQ:SUNE) trade information

Sporting -19.31% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SUNE stock price touched $0.33 or saw a rise of 44.29%. Year-to-date, SUNation Energy Inc shares have moved -87.57%, while the 5-day performance has seen it change -39.48%. Over the past 30 days, the shares of SUNation Energy Inc (NASDAQ:SUNE) have changed 12.73%. Short interest in the company has seen 2.0 million shares shorted with days to cover at 0.03.

SUNation Energy Inc (SUNE) estimates and forecasts

The company’s shares have lost -95.22% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 22.94% over the past 5 years.

SUNE Dividends

SUNation Energy Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

SUNation Energy Inc (NASDAQ:SUNE)’s Major holders

Insiders own 11.24% of the company shares, while shares held by institutions stand at 26.10% with a share float percentage of 29.40%. Investors are also buoyed by the number of investors in a company, with SUNation Energy Inc having a total of 15.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . As of Jan 31, 2025 , the former fund manager holds about 0.36% shares in the company for having 8.84 shares of worth $2889.0 while later fund manager owns 198.0 shares of worth $64.0 as of Jan 31, 2025 , which makes it owner of about 0.01% of company’s outstanding stock.