ReneSola (SOL) Catches Eye: Stock Adds 6.5% in Session

ReneSola Ltd SOL was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 12% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ReneSola currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Renesola Ltd. Price

 

Renesola Ltd. Price | Renesola Ltd. Quote

A better-ranked stock in the Solar space is SolarEdge Technologies, Inc. SEDG, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is SOL going up? Or down? Predict to see what others think: Up or Down

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