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SOL

ReneSola NYSE:SOL Stock Report

Last Price

US$6.60

Market Cap

US$412.9m

7D

-3.5%

1Y

4.8%

Updated

16 Aug, 2022

Data

Company Financials +
SOL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

SOL Stock Overview

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally.

ReneSola Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ReneSola
Historical stock prices
Current Share PriceUS$6.60
52 Week HighUS$9.72
52 Week LowUS$3.46
Beta2.21
1 Month Change40.43%
3 Month Change55.29%
1 Year Change4.76%
3 Year Change587.50%
5 Year Change162.95%
Change since IPO-89.84%

Recent News & Updates

Jun 14

ReneSola Encounters Headwinds But Looks Better Positioned Than Most

ReneSola has encountered recent headwinds due to Covid-related lockdowns in China and withdrawal from a major U.S. project. Company looks better positioned than peers from other industries due to accelerating focus on renewable power construction in the west. ReneSola may be in a bearish state right now, but it still looks far better positioned than companies from many other sectors.

Jun 09
The Return Trends At ReneSola (NYSE:SOL) Look Promising

The Return Trends At ReneSola (NYSE:SOL) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

SOLUS ConstructionUS Market
7D-3.5%5.2%3.6%
1Y4.8%16.1%-9.6%

Return vs Industry: SOL underperformed the US Construction industry which returned 16.1% over the past year.

Return vs Market: SOL exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is SOL's price volatile compared to industry and market?
SOL volatility
SOL Average Weekly Movement11.1%
Construction Industry Average Movement6.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: SOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SOL's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005164Yumin Liuhttps://www.renesolapower.com

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights.

ReneSola Ltd Fundamentals Summary

How do ReneSola's earnings and revenue compare to its market cap?
SOL fundamental statistics
Market CapUS$412.86m
Earnings (TTM)US$4.40m
Revenue (TTM)US$60.40m

93.8x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOL income statement (TTM)
RevenueUS$60.40m
Cost of RevenueUS$34.63m
Gross ProfitUS$25.77m
Other ExpensesUS$21.36m
EarningsUS$4.40m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.07
Gross Margin42.66%
Net Profit Margin7.29%
Debt/Equity Ratio0.01%

How did SOL perform over the long term?

See historical performance and comparison