REC Silicon ASA (RNWEF) Stock Price, News & Analysis

Company Overview

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Key Stats

• Today's Range: $0.39 to $0.39
• 50-Day Range: $0.39 to $1.00
• 52-Week Range: $0.37 to $1.39
• Volume: N/A
• Average Volume: 4,069 shs
• Market Capitalization: N/A
• P/E Ratio: 6.79
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

REC Silicon ASA Stock Analysis - MarketRank™

REC Silicon ASA scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for REC Silicon ASA.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of REC Silicon ASA is 6.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of REC Silicon ASA is 6.79, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.56.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

REC Silicon ASA has a short interest ratio ("days to cover") of 2029, which indicates bearish sentiment.

Change versus previous month

Short interest in REC Silicon ASA has recently decreased by 5.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

REC Silicon ASA does not currently pay a dividend.

Dividend Growth

REC Silicon ASA does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

REC Silicon ASA has a short interest ratio ("days to cover") of 2029, which indicates bearish sentiment.

Change versus previous month

Short interest in REC Silicon ASA has recently decreased by 5.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.32

News Sentiment

REC Silicon ASA has a news sentiment score of -0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for REC Silicon ASA this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for RNWEF on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, REC Silicon ASA insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 25.82% of the stock of REC Silicon ASA is held by institutions.

RNWEF Stock Analysis - Frequently Asked Questions

How have RNWEF shares performed this year?

REC Silicon ASA's stock was trading at $1.39 at the beginning of 2024. Since then, RNWEF stock has decreased by 72.1% and is now trading at $0.3875.
View the best growth stocks for 2024 here.

How were REC Silicon ASA's earnings last quarter?

REC Silicon ASA (OTCMKTS:RNWEF) issued its earnings results on Thursday, February, 18th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.04. The business had revenue of $36 million for the quarter.

How do I buy shares of REC Silicon ASA?

Shares of RNWEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 2/18/2021
• Today: 11/16/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Semiconductor Equipment & Materials
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:RNWEF
• CUSIP: N/A
• CIK: N/A
• Web: www.recsilicon.com
• Phone: (474) 072-4086
• Fax: N/A
• Employees: 495
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 6.79
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A