Emeren Group Ltd ADR [SOL] stock prices are up 1731281% to $189180.0 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SOL shares have gain 7.39% over the last week, with a monthly amount glided 19.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Emeren Group Ltd ADR [NYSE: SOL] stock has seen the most recent analyst activity on May 24, 2024, when Northland Capital downgraded its rating to a Under Perform. Previously, Northland Capital downgraded its rating to Market Perform on November 22, 2023, and dropped its price target to $3.20. On September 13, 2022, Northland Capital initiated with a Outperform rating and assigned a price target of $8 on the stock. ROTH Capital upgraded its rating to a Buy and increased its price target to $10 on January 05, 2022. Raymond James upgraded its rating to a Strong Buy but $12.50 remained the price target by the analyst firm on January 04, 2022. Raymond James started tracking with a Outperform rating for this stock on March 09, 2021, and assigned it a price target of $14.50. In a note dated May 02, 2019, Imperial Capital reiterated an Outperform rating on this stock and boosted its target price from $20 to $22.
The stock price of Emeren Group Ltd ADR [SOL] has been fluctuating between $1.04 and $3.00 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Emeren Group Ltd ADR [NYSE: SOL] shares were valued at $189180.0 at the most recent close of the market. An investor can expect a potential drop of -100.0% based on the average SOL price forecast.
Analyzing the SOL fundamentals
The Emeren Group Ltd ADR [NYSE:SOL] reported sales of 85.62M for trailing twelve months, representing a drop of -44.15%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.06%. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Emeren Group Ltd ADR [NYSE:SOL]’s Current Ratio is 2.99. Also, the Quick Ratio is 2.99. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 0.32.
Transactions by insiders
Recent insider trading involved SHAH CAPITAL MANAGEMENT, CHAIRMAN, that happened on Dec 19 ’24 when 12461.0 shares were purchased. CHAIRMAN, SHAH CAPITAL MANAGEMENT completed a deal on Dec 18 ’24 to buy 4392.0 shares. Meanwhile, CHAIRMAN SHAH CAPITAL MANAGEMENT bought 46211.0 shares on Dec 13 ’24.
