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

1.86 (33.10%)

Updated Nov 27 5:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 19 in Solar

See all "A" rated Strong Buy stocks

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 >

Price chart for SOL

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 PriceDCF 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 FlowReturn 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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Latest SOL News From Around the Web

Below are the latest news stories about ReneSola Ltd that investors may wish to consider to help them evaluate SOL as an investment opportunity.

Cannabis Stock Gainers And Losers From October 1, 2020

GAINERS: Body and Mind (OTCQB: BMMJ ) shares closed up 20% at $0.30 Next Green Wave Holdings (OTCQX: NXGWF ) shares closed up 11.11% at $0.20 Cann Gr (PINK: CNGGF ) shares closed up 10.34% at $0.32 Nova Mentis Life Science (PINK: LIBFF ) shares closed up 10.31% at $0.15 Auxly Cannabis Group (OTCQX: CBWTF ) shares closed up 9.36% at $0.10 KushCo Holdings (OTCQX: KSHB ) shares closed up 6.1% at $0.54 Green Organic Dutchman (OTCQX: TGODF ) shares closed up 5.89% at $0.20 EnWave (PINK: NWVCF ) shares closed up 5.84% at $0.65 ReneSola (NYSE: … Full story available on Benzinga.com

Benzinga | October 1, 2020

ReneSola announces $5M direct offering

ReneSola ([[SOL]] -8.6%) enters into securities purchase agreements with several institutional investors for the purchase and sale of 2.5M ADS.Each ADS represents 10 ordinary shares, at a purchase price of $2 per ADS, in a registered direct offering.  Expected gross proceed of $5M.Net proceeds to be used for expanding new solar...

Seeking Alpha | September 23, 2020

Maxar Technologies and ReneSola among tech gainers, while Oblong and TESSCO among losers

Gainers: ReneSola (SOL) +25%. Ituran Location and Control  (ITRN) +15%. Veritone (VERI) +13%. QuickLogic (QUIK) +9%. Maxar Technologies (MAXR) +9%.Losers: Priority Technology (PRTH) -11%. Quantum (QMCO) -7%. Oblong (OBLG) -7%. Maxeon Solar Technologies (MAXN) -7%. TESSCO Technologies (TESS) -6%....

Seeking Alpha | September 18, 2020

Cannabis Stock Gainers And Losers From September 18, 2020

Gainers Rhinomed (OTC: RHNMF ) shares closed up 117.65% at $0.15 ReneSola (NYSE: SOL ) shares closed up 24.4% at $2.58 Origin Agritech (NASDAQ: SEED ) shares closed up 22.69% at $9.68 Bloom Energy (NYSE: BE ) shares closed up 18.54% at $17.26 Nine Energy Service (NYSE: NINE ) shares closed up 9.35% at $1.52 Body and Mind (OTC: BMMJ ) shares closed up 6.94% at $0.31 Meridian Bioscience (NASDAQ: Full story available on Benzinga.com

Benzinga | September 18, 2020

Cannabis Stock Gainers And Losers From September 17, 2020

GAINERS: ReneSola (NYSE: SOL ) shares closed up 31.21% at $2.06 Vireo Health Intl (OTCQX: VREOF ) shares closed up 17.32% at $1.05 Harvest One Cannabis (OTCQX: HRVOF ) shares closed up 13.12% at $0.06 CURE Pharmaceutical Hldg (OTCQB: CURR ) shares closed up 7.97% at $1.49 Zynerba Pharmaceuticals (NASDAQ: ZYNE ) shares closed up 7.65% at $3.80 SOL Global Investments (PINK: SOLCF ) shares closed up 5.58% at $0.76 C21 Investments (OTCQB: CXXIF ) shares closed up 4.79% at $0.62 AusCann Group Holdings (OTCQX: ACNNF ) … Full story available on Benzinga.com

Benzinga | September 17, 2020

Read More 'SOL' Stories Here

SOL Price Returns

1-mo 143.65%
3-mo 272.14%
6-mo 567.86%
1-year 414.90%
3-year 111.90%
5-year 14.20%
YTD 428.62%
2019 18.91%
2018 -55.26%
2017 -16.88%
2016 -62.35%
2015 20.57%

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