SolarEdge Technologies, Inc. (SEDG) At $38.35 Forms Top; MIDAS GOLD CORPORATION (MDRPF) Shorts Increased By 49.79%

SolarEdge Technologies, Inc. (SEDG) formed multiple top with $40.65 target or 6.00% above today’s $38.35 share price. SolarEdge Technologies, Inc. (SEDG) has $1.65 billion valuation. The stock increased 1.19% or $0.45 during the last trading session, reaching $38.35. About 487,504 shares traded. SolarEdge Technologies, Inc. (NASDAQ:SEDG) has declined 7.10% since January 9, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

MIDAS GOLD CORPORATION (OTCMKTS:MDRPF) had an increase of 49.79% in short interest. MDRPF’s SI was 36,100 shares in January as released by FINRA. Its up 49.79% from 24,100 shares previously. With 174,900 avg volume, 0 days are for MIDAS GOLD CORPORATION (OTCMKTS:MDRPF)’s short sellers to cover MDRPF’s short positions. The stock increased 0.37% or $0.00169 during the last trading session, reaching $0.46169. About shares traded. Midas Gold Corp. (OTCMKTS:MDRPF) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Midas Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company has market cap of $86.52 million. It primarily explores for gold, antimony, and silver deposits in the Stibnite-Yellow Pine district of central Idaho. It currently has negative earnings. The companyÂ’s principal mineral project is the Stibnite gold project, which include Yellow Pine, Hangar Flats, and West End deposits comprising approximately 11,548 hectares of unpatented and patented claims located in Valley County, Idaho.

Among 17 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 13 have Buy rating, 3 Sell and 1 Hold. Therefore 76% are positive. SolarEdge Technologies had 59 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was initiated by Cowen & Co with “Outperform” on Thursday, September 3. TH Capital maintained the shares of SEDG in report on Monday, November 2 with “Buy” rating. The company was maintained on Thursday, November 9 by Roth Capital. Oppenheimer upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating on Tuesday, July 18. Oppenheimer has “Buy” rating and $2500 target. The stock has “Overweight” rating by Barclays Capital on Thursday, August 3. The company was initiated on Wednesday, September 9 by Oppenheimer. The firm has “Hold” rating given on Monday, November 27 by Deutsche Bank. The stock has “Sell” rating by Goldman Sachs on Friday, October 7. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 3. As per Friday, August 14, the company rating was upgraded by Avondale.

Analysts await SolarEdge Technologies, Inc. (NASDAQ:SEDG) to report earnings on February, 13. They expect $0.51 EPS, up 131.82% or $0.29 from last year’s $0.22 per share. SEDG’s profit will be $21.94 million for 18.80 P/E if the $0.51 EPS becomes a reality. After $0.61 actual EPS reported by SolarEdge Technologies, Inc. for the previous quarter, Wall Street now forecasts -16.39% negative EPS growth.