On Friday, ReNew Energy Global plc (NASDAQ: RNW) was -3.95% drop from the session before settling in for the closing price of $5.57. A 52-week range for RNW has been $5.05 – $8.24.
When this article was written, the company’s average yearly earnings per share was at 54.31%. With a float of $146.87 million, this company’s outstanding shares have now reached $244.27 million.
ReNew Energy Global plc (RNW) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ReNew Energy Global plc stocks. The insider ownership of ReNew Energy Global plc is 59.67%, while institutional ownership is 44.61%.
ReNew Energy Global plc (RNW) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -9.56 earnings per share (EPS) during the time that was less than consensus figure (set at -3) by -6.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.31% per share during the next fiscal year.
ReNew Energy Global plc (NASDAQ: RNW) Trading Performance Indicators
You can see what ReNew Energy Global plc (RNW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 0.19 in one year’s time.
Technical Analysis of ReNew Energy Global plc (RNW)
Compared to the last year’s volume of 1.09 million, its volume of 5.51 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.18%.
During the past 100 days, ReNew Energy Global plc’s (RNW) raw stochastic average was set at 9.55%, which indicates a significant decrease from 11.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.18 in the past 14 days, which was higher than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.35, while its 200-day Moving Average is $7.10. Nevertheless, the first resistance level for the watch stands at $5.47 in the near term. At $5.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.66. If the price goes on to break the first support level at $5.28, it is likely to go to the next support level at $5.22. Now, if the price goes above the second support level, the third support stands at $5.09.
ReNew Energy Global plc (NASDAQ: RNW) Key Stats
There are 362,769K outstanding shares of the company, which has a market capitalization of 1.95 billion. As of now, sales total 1,277 M while income totals 45,000 K. Its latest quarter income was 434,000 K while its last quarter net income were 53,000 K.
