Witnessing the stock’s movement on the chart, on Wednesday, ReNew Energy Global plc (NASDAQ: RNW) set off with pace as it heaved 1.88% to $5.42, before settling in for the price of $5.32 at the close. Taking a more long-term approach, RNW posted a 52-week range of $4.78-$7.79.
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In the past 5-years timespan, the Utilities sector firm’s annual sales growth was 21.84%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 94.42%. This publicly-traded company’s shares outstanding now amounts to $254.67 million, simultaneously with a float of $147.54 million. The organization now has a market capitalization sitting at $2.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.20, while the 200-day Moving Average is $6.18.
ReNew Energy Global plc (RNW) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Renewable industry. ReNew Energy Global plc’s current insider ownership accounts for 60.45%, in contrast to 35.55% institutional ownership.
ReNew Energy Global plc (RNW) Earnings and Revenue Records
ReNew Energy Global plc’s EPS increase for this current 12-month fiscal period is 94.42% and is forecasted to reach 0.10 in the upcoming year.
ReNew Energy Global plc (NASDAQ: RNW) Trading Performance Indicators
Let’s observe the current performance indicators for ReNew Energy Global plc (RNW). It’s Quick Ratio in the last reported quarter now stands at 0.84. The Stock has managed to achieve an average true range (ATR) of 0.20. Alongside those numbers, its PE Ratio stands at $45.70, and its Beta score is 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.93.
In the same vein, RNW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.12, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be 0.10 at the market close of one year from today.
Technical Analysis of ReNew Energy Global plc (RNW)
Going through the that latest performance of [ReNew Energy Global plc, RNW]. Its last 5-days volume of 0.94 million indicated improvement to the volume of 0.61 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 14.37% While, its Average True Range was 0.20.
Raw Stochastic average of ReNew Energy Global plc (RNW) in the period of the previous 100 days is set at 6.32%, which indicates a major fall in contrast to 18.39% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.20% that was lower than 32.33% volatility it exhibited in the past 100-days period.
