Emeren Group (NYSE:SOL - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, March 13th. Analysts expect Emeren Group to post earnings of $0.08 per share and revenue of $40.13 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Emeren Group Stock Performance
Shares of Emeren Group stock traded up $0.01 during trading hours on Friday, reaching $1.51. The company had a trading volume of 134,840 shares, compared to its average volume of 205,926. The firm has a market cap of $77.14 million, a PE ratio of -11.58 and a beta of 1.70. Emeren Group has a one year low of $1.41 and a one year high of $3.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.34 and a quick ratio of 4.34. The business has a fifty day simple moving average of $1.84 and a 200 day simple moving average of $2.06.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. BWS Financial reiterated a "sell" rating and issued a $6.00 price target on shares of Emeren Group in a research report on Monday, December 16th. StockNews.com upgraded Emeren Group from a "sell" rating to a "hold" rating in a research report on Thursday, November 21st. Finally, HC Wainwright reiterated a "buy" rating and issued a $7.00 price target on shares of Emeren Group in a research report on Friday, November 15th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $4.38.
Check Out Our Latest Research Report on Emeren Group
Emeren Group Company Profile
(
Get Free Report)
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights.
Read More
Before you consider Emeren Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emeren Group wasn't on the list.
While Emeren Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
