Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL): Price and Financial Metrics
Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL)
Today's Latest Price: $7.48 USD
Updated Nov 27 5:00pm
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Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
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SOL Stock Summary
- With a year-over-year growth in debt of -83.47%, ReneSola Ltd's debt growth rate surpasses only 2.75% of about US stocks.
- Revenue growth over the past 12 months for ReneSola Ltd comes in at -90.71%, a number that bests merely 1.3% of the US stocks we're tracking.
- The volatility of ReneSola Ltd's share price is greater than that of 96.57% US stocks with at least 200 days of trading history.
- Stocks with similar financial metrics, market capitalization, and price volatility to ReneSola Ltd are NMM, SATS, BYD, NGL, and LILA.
- Visit SOL's SEC page to see the company's official filings. To visit the company's web site, go to www.renesolapower.com.
SOL Stock Price Chart Interactive Chart >
SOL Price/Volume Stats
| Current price | $7.48 | 52-week high | $8.39 |
| Prev. close | $5.62 | 52-week low | $0.85 |
| Day low | $5.79 | Volume | 11,018,679 |
| Day high | $8.39 | Avg. volume | 698,618 |
| 50-day MA | $3.57 | Dividend yield | N/A |
| 200-day MA | $1.88 | Market Cap | 284.91M |
Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL) Company Bio
ReneSola Ltd. manufactures and sells various solar power products. The company was founded in 2005 and is based in Yaozhuang Town, China.
SOL Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $7.48 | $2.02 | -62% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ReneSola Ltd. To summarize, we found that ReneSola Ltd ranked in the 26th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for SOL, they are:
- The stock's equity weight, or the proportion of capital from equity relative to debt, is 95. Its equity weight surpasses that of 71.77% of free cash flow generating stocks in the Technology sector.
- The business' balance sheet suggests that 5% of the company's capital is sourced from debt; this is greater than merely 14.67% of the free cash flow producing stocks we're observing.
- ReneSola Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 44 -- greater than 93.72% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -63% |
| 1% | -62% |
| 2% | -62% |
| 3% | -62% |
| 4% | -61% |
| 5% | -61% |
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SOL, try COHU, IEHC, INFY, BKI, and DOCU.
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