SOL:NYE-Renesola Ltd. of Beneficial Interest (USD)

EQUITY | Solar | New York Stock Exchange

Last Closing

USD 1.86

Change

-0.06 (-3.13)%

Market Cap

USD 0.08B

Volume

0.14M

Analyst Target

USD 3.17
Analyst Rating

N/A

ducovest Verdict

Verdict

About

ReneSola Ltd along with its subsidiaries is engaged in the manufacture and sale of solar power products including virgin polysilicon, monocrystalline and multi crystalline solar wafers and photovoltaic (PV) cells and modules.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-28 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
JKS JinkoSolar Holding Company Lim..

+0.15 (+0.78%)

USD 0.80B
SPRU Spruce Power Holding Corp

+0.05 (+1.91%)

USD 0.05B
NOVA Sunnova Energy International I..

+0.75 (+6.98%)

N/A

ETFs Containing SOL

MVR:AU VanEck Vectors Australian.. 4.99 % 0.00 %

+0.50 (+1.60%)

USD 0.43B
IQQL:XETRA iShares Listed Private Eq.. 3.24 % 0.00 %

+0.41 (+1.60%)

USD 0.79B
IPRV:SW iShares Listed Private Eq.. 3.19 % 0.00 %

+1.37 (+1.60%)

USD 0.82B
MVE:AU VanEck Vectors Australian.. 3.02 % 0.00 %

+0.21 (+1.60%)

USD 0.29B
FLZA 0.00 % 0.19 %

N/A

N/A
SDEM Global X MSCI SuperDivide.. 0.00 % 0.67 %

+0.13 (+1.60%)

USD 0.04B
IDPE:LSE iShares Listed Private Eq.. 0.00 % 0.00 %

+0.62 (+1.60%)

N/A
IPRV:LSE iShares Listed Private Eq.. 0.00 % 0.00 %

+33.00 (+1.60%)

N/A
HZAD:LSE 0.00 % 0.00 %

N/A

N/A
HZAR:LSE 0.00 % 0.00 %

N/A

N/A
HZAR:PA 0.00 % 0.00 %

N/A

N/A
H4ZQ:F 0.00 % 0.00 %

N/A

N/A
IQQL:F iShares Listed Private Eq.. 0.00 % 0.00 %

+0.44 (+1.60%)

N/A
H4ZQ:XETRA 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Solar) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -31.87% 50% F 6% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return -31.87% 50% F 6% D-
Trailing 12 Months  
Capital Gain -45.45% 75% C 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -45.45% 75% C 4% F
Trailing 5 Years  
Capital Gain 104.40% 100% F 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 104.40% 100% F 83% B
Average Annual (5 Year Horizon)  
Capital Gain 146.33% 100% F 98% N/A
Dividend Return 146.33% 100% F 98% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 380.25% 25% F 2% F
Risk Adjusted Return 38.48% 100% F 57% F
Market Capitalization 0.08B N/A N/A N/A N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Solar) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 2.90 N/A N/A
Price/Book Ratio N/A N/A N/A
Price / Cash Flow Ratio N/A N/A N/A
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity N/A N/A N/A
Return on Invested Capital N/A N/A N/A
Return on Assets N/A N/A N/A
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector