ReneSola Ltd (SOL) |
4.08 -0.05 (-1.21%)
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03-24 16:00 |
Open: |
4.08 |
Pre. Close: |
4.13 |
High:
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4.105 |
Low:
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4.0225 |
Volume:
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295,820 |
Market Cap:
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274(M) |
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Technical analysis |
as of: 2023-03-24 4:30:00 PM |
Overall:
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Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
Target: |
Six months: 5.18 One year: 5.5  |
Support: |
Support1: 4.01 Support2: 3.33 |
Resistance: |
Resistance1: 4.44 Resistance2: 4.71  |
Pivot: |
4.23  |
Moving Average: |
MA(5): 4.11 MA(20): 4.31 
MA(100): 4.68 MA(250): 4.99  |
MACD: |
MACD(12,26): -0.2 Signal(9): -0.2  |
Stochastic oscillator: |
%K(14,3): 14.6 %D(3): 18  |
RSI: |
RSI(14): 38.6  |
52-week: |
High: 7.5 Low: 3.46 |
Average Vol(K): |
3-Month: 408 (K) 10-Days: 443 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.[ SOL ] has closed above bottom band by 16.3%. Bollinger Bands are 46% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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4.11 - 4.13 |
4.13 - 4.15 |
Low:
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3.97 - 3.99 |
3.99 - 4.02 |
Close:
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4.04 - 4.08 |
4.08 - 4.12 |
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Company Description |
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 solar power projects with an aggregate capacity of 180 megawatts. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut. |
Headline News |
Wed, 22 Mar 2023 Is Now the Time to Buy Solana? - The Motley Fool
Mon, 30 Jan 2023 ReneSola Power Announces Rebranding and Changes Name to Emeren - Yahoo Finance
Wed, 04 Jan 2023 ReneSola Power Announces a Share Repurchase Transaction - PR Newswire
Thu, 08 Dec 2022 ReneSola Ltd (NYSE:SOL) Q3 2022 Earnings Call Transcript - Yahoo Finance
Fri, 02 Dec 2022 ReneSola (SOL) Q3 Revenues Beat Estimates, Earnings Rise Y/Y - Yahoo Finance
Thu, 01 Dec 2022 ReneSola Power Announces Third Quarter 2022 Financial Results - PR Newswire
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Financial Analysis |
Price to Book Value: |
Outperform |
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Price to Earnings: |
Outperform |
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Discounted cash flow: |
Outperform |
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Return on Assets: |
Neutral |
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Return on Equity: |
Neutral |
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Debt to Equity: |
Neutral |
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: NYSE |
Sector: Technology |
Industry: Solar |
Shares Out. |
67 (M) |
Shares Float |
26 (M) |
% Held by Insiders
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0 (%) |
% Held by Institutions
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47.5 (%) |
Shares Short
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987 (K) |
Shares Short P.Month
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936 (K) |
Stock Financials |
EPS
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-0.04 |
EPS Est Next Qtl
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0 |
EPS Est This Year
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-2.69 |
EPS Est Next Year
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0.07 |
Book Value (p.s.)
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5.17 |
Profit Margin (%)
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-0.9 |
Operating Margin (%)
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2.8 |
Return on Assets (ttm)
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0.2 |
Return on Equity (ttm)
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-0.4 |
Qtrly Rev. Growth
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85.9 |
Gross Profit (p.s.)
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0.46 |
Sales Per Share
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0.94 |
EBITDA (p.s.)
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0.14 |
Qtrly Earnings Growth
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342 |
Operating Cash Flow
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-19 (M) |
Levered Free Cash Flow
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-17 (M) |
Stock Valuations |
PE Ratio
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-102 |
PEG Ratio
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2.8 |
Price to Book value
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0.78 |
Price to Sales
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4.31 |
Price to Cash Flow
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-14.73 |
Stock Dividends |
Dividend
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0 |
Forward Dividend
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0 |
Dividend Yield
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0% |
Dividend Pay Date
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2017-02-09 |
Ex-Dividend Date
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Invalid DateTime. |
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