Emeren Group Ltd ADR (NYSE: SOL): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

SOL belongs to the Technology sector of the NYSE while operating in the Solar industry. The current market capitalization of Emeren Group Ltd ADR is $122.91M. A total of 0.56 million shares were traded on the day, compared to an average of 220.41K shares.

In the most recent transaction, SHAH CAPITAL MANAGEMENT bought 36,083 shares of SOL for 2.26 per share on Sep 20 ’24. After the transaction, the Chairman now owns 18,748,862 company shares. In a previous transaction on Sep 19 ’24, SHAH CAPITAL MANAGEMENT bought 14,277 shares at 2.15 per share. SOL shares that Chairman owns now total 18,712,779.

Among the insiders who bought shares, SHAH CAPITAL MANAGEMENT acquired of 43,351 shares on Sep 04 ’24 at a per-share price of $1.85. This resulted in the Chairman holding 18,698,502 shares of SOL after the transaction. In another insider transaction, SHAH CAPITAL MANAGEMENT bought 26,843 shares at $1.83 per share on Sep 03 ’24. Company shares held by the Chairman now total 18,655,151.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SOL has a high of $3.27 and a low of $1.41.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SOL’s latest balance sheet shows that the firm has $254.07M in Cash & Short Term Investments as of fiscal 2021. There were $57.85M in debt and $35.10M in liabilities at the time. Its Book Value Per Share was $6.04, while its Total Shareholder’s Equity was $448.41M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SOL is Buy with a score of 4.00.

Most Popular

Related Posts