ReneSola Ltd ADR buy Mori8
Start price
17.04.20
/
50%
€0.95
Target price
04.11.21
-
Performance (%)
621.05%
End price
01.12.20
€6.85
Summary
This prediction ended on 01.12.20 with a price of €6.85. With a performance of 621.05% the BUY prediction by Mori8 was a big success. Mori8 has a follow-up prediction for ReneSola Ltd ADR where he still thinks ReneSola Ltd ADR is a Buy. Mori8 has 50% into this predictionReneSola Ltd. is a listed solar energy company (traded under the symbol SOL) that provides solar power products and services. The company's products include solar wafers, solar cells, and solar modules, as well as solar energy storage and renewable energy services. ReneSola operates in several countries, including China, the United States, and Europe, and has a global network of distributors and partners. The company aims to deliver innovative and cost-effective solar solutions to help protect the environment and promote sustainable development.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| ReneSola Ltd ADR | 3.614% | 3.614% | -54.255% | -79.524% |
| iShares Core DAX® | 1.804% | -0.748% | 13.168% | 16.408% |
| iShares Nasdaq 100 | -0.182% | -3.412% | 39.976% | 43.502% |
| iShares Nikkei 225® | 0.413% | -7.381% | 18.776% | 2.874% |
| iShares S&P 500 | 0.664% | -1.941% | 28.141% | 42.155% |
Comments by Mori8 for this prediction
In the thread ReneSola Ltd ADR diskutieren
Buy ReneSola Ltd ADR
ReneSola Q2 Profit Declines, Revenues Nearly Double
WASHINGTON (dpa-AFX) - Solar project developer ReneSola Ltd. (SOL) reported Thursday that net income attributed to ReneSola for the second quarter declined to $3.09 million or $0.06 per share from $5.12 million or $0.13 per share in prior-year quarter.
Excluding items, adjusted net income attributed to ReneSola was $3.64 million or $0.08 per share, compared to $4.97 million or $0.13 per share in year-ago quarter.
However, revenue for the quarter nearly doubled to $26.19 million from $13.57 million in the same quarter last year.
Looking ahead, the company projects revenue for the third quarter in a range of $8 million to $10 million and continues to expect revenue for the full-year 2020 in the range of $80 million to $100 million
+47%
https://www.zacks.com/stock/news/1101380/renesola-sol-reports-q3-preliminary-results-stock-rallies
+25%
The comment has been deleted
https://www.zacks.com/stock/news/1119973/renesola-ltd-sol-to-post-q3-earnings-whats-in-store
+13%