ReNew Energy Global (NASDAQ:RNW - Get Free Report) will be announcing its earnings results after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.
ReNew Energy Global Stock Performance
RNW traded down $0.14 on Tuesday, hitting $5.23. 865,231 shares of the company traded hands, compared to its average volume of 869,797. The company has a 50 day moving average of $6.00 and a 200-day moving average of $5.97. ReNew Energy Global has a 12-month low of $5.15 and a 12-month high of $7.79. The stock has a market capitalization of $1.90 billion, a PE ratio of 179.00 and a beta of 0.95. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 4.65.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on RNW. Morgan Stanley lowered shares of ReNew Energy Global from an "overweight" rating to an "equal weight" rating in a research report on Thursday, September 26th. Roth Mkm dropped their price target on shares of ReNew Energy Global from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Monday, August 19th.
Read Our Latest Research Report on RNW
About ReNew Energy Global
(
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ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.
Further Reading
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