Is Sol a good stock?
ReneSola Ltd (NYSE:SOL) The 3 analysts offering 12-month price forecasts for ReneSola Ltd have a median target of 12.00, with a high estimate of 12.50 and a low estimate of 10.00. The median estimate represents a +166.08% increase from the last price of 4.51.
Is Sol a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Why is ReneSola going down?
One reason ReneSola stock has continued to fall in April is the company's weak outlook for the first quarter -- it expects revenue to fall nearly 12% at the midpoint of its guidance range.
Is ReneSola a Chinese company?
ReneSola was founded in China in 2005, a milestone year for the U.S. solar industry with the creation of a federal solar investment tax credit credited with helping boost installations.
Will Sol keep going up?
SOL Overview According to our long-term Solana price prediction, the price of Solana will reach $270.43 by the end of 2022, rising to $411.29 by the end of 2023 and $1,010.57 by the end of 2025. Solana will then rise to $2,214.62 in 2027, and $4,250.75 in 2030.
What is Sol Crypto?
Solana's cryptocurrency is SOL. It is Solana's native and utility token that provides a means of transferring value as well as blockchain security through staking. SOL was launched in March 2020 and has strived to become one of the top 10 cryptocurrencies entering the space by means of total market capitalization.
Does ReneSola make solar panels?
As a verticially-integrated solar manufacturer ReneSola offers a wide range of solar products across multiple applications including residential, commercial and utility-scale. Since 2005 we have supplied more than 14GW of solar products to thousands of clients around the world.