One More Stock Investors Ought To Pay Attention To Is SolarBank Corporation (NASDAQ: SUUN)

During the last session, SolarBank Corporation (NASDAQ:SUUN)’s traded shares were 68876.0, with the beta value of the company hitting 0.53. At the end of the trading day, the stock’s price was $2.30, reflecting an intraday gain of 0.88% or $0.02. The 52-week high for the SUUN share is $6.87, that puts it down -198.7 from that peak though still a striking 15.22% gain since the share price plummeted to a 52-week low of $1.95. The company’s market capitalization is $74.66M, and the average intraday trading volume over the past 10 days was 0.16 million shares, and the average trade volume was 259.52K shares over the past three months.

SolarBank Corporation (NASDAQ:SUUN) trade information

SolarBank Corporation (SUUN) registered a 0.88% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.88% in intraday trading to $2.30, hitting a weekly high. The stock’s 5-day price performance is -3.36%, and it has moved by -48.08% in 30 days. Based on these gigs, the overall price performance for the year is -54.00%. The short interest in SolarBank Corporation (NASDAQ:SUUN) is 0.3 million shares and it means that shorts have 1.23 day(s) to cover.

SolarBank Corporation (SUUN) estimates and forecasts

In the rating firms’ projections, revenue will increase 21.66% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 23.41M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 27.41M by the end of current fiscal year.

While earnings are projected to return 118.36% in 2025.

SUUN Dividends

SolarBank Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

SolarBank Corporation (NASDAQ:SUUN)’s Major holders

SolarBank Corporation insiders own 29.94% of total outstanding shares while institutional holders control 0.34%, with the float percentage being 0.48%.