Is ReneSola Ltd a good investment? ReneSola Ltd (SOL) is currently trading at 1.94 USD.
In terms of valuation, the stock trades at a P/E ratio of 1.28. This relatively low multiple may signal that ReneSola Ltd is undervalued compared to historical market norms.
No, it does not currently pay a dividend.
ReneSola Ltd is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3 GW pipeline of projects and independent power producer assets, as well as a 10 GWh pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electricity. It operates in China, the United States, the United Kingdom, Germany, France, Poland, Italy, and Hungary. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Norwalk, Connecticut.
| Split Date | Split Ratio to 1 |
|---|---|
| Feb. 10, 2017 | 1:5 |
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