Stoxline.com

Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

ReneSola Ltd (SOL)

4.08   -0.05 (-1.21%) 03-24 16:00
Open: 4.08 Pre. Close: 4.13
High: 4.105 Low: 4.0225
Volume: 295,820 Market Cap: 274(M)

Technical analysis

as of: 2023-03-24 4:30:00 PM
Overall:       
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)

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.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 4.11 - 4.13 4.13 - 4.15
Low: 3.97 - 3.99 3.99 - 4.02
Close: 4.04 - 4.08 4.08 - 4.12

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

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.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NYSE
Sector:  Technology
Industry:  Solar
Shares Out. 67 (M)
Shares Float 26 (M)
% Held by Insiders 0 (%)
% Held by Institutions 47.5 (%)
Shares Short 987 (K)
Shares Short P.Month 936 (K)

Stock Financials

EPS -0.04
EPS Est Next Qtl 0
EPS Est This Year -2.69
EPS Est Next Year 0.07
Book Value (p.s.) 5.17
Profit Margin (%) -0.9
Operating Margin (%) 2.8
Return on Assets (ttm) 0.2
Return on Equity (ttm) -0.4
Qtrly Rev. Growth 85.9
Gross Profit (p.s.) 0.46
Sales Per Share 0.94
EBITDA (p.s.) 0.14
Qtrly Earnings Growth 342
Operating Cash Flow -19 (M)
Levered Free Cash Flow -17 (M)

Stock Valuations

PE Ratio -102
PEG Ratio 2.8
Price to Book value 0.78
Price to Sales 4.31
Price to Cash Flow -14.73

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date 2017-02-09
Ex-Dividend Date Invalid DateTime.
Your Ad Here
android_stock_chart
StockChart iOS
stoxline_lite
StoxlineLite iOS
stoxline_pro
StoxlineLite iOS
Option_Calculator
OptionCalc iOS
android_stock_chart
StockChart Android
stoxline_lite
StoxlineLite Android
stoxline_pro
StoxlinePro Android
Option_Calculator
OptionCalc Android
(c) 2006-2022 Stoxline.com | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Stoxline.com nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Stoxline.com web site, a user agrees not to redistribute the information found therein.