ReneSola (SOL) Given Media Impact Score of 0.02

Media stories about ReneSola (NYSE:SOL) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ReneSola earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 45.9019263841832 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of ReneSola (NYSE SOL) opened at $3.06 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.51 and a quick ratio of 0.42. The firm has a market capitalization of $116.59, a P/E ratio of -0.61 and a beta of 2.37. ReneSola has a 52 week low of $2.12 and a 52 week high of $3.79.

SOL has been the topic of a number of research analyst reports. Zacks Investment Research downgraded ReneSola from a “buy” rating to a “hold” rating in a report on Friday, December 22nd. Roth Capital set a $3.00 target price on ReneSola and gave the stock a “hold” rating in a report on Thursday, December 21st.

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About ReneSola

ReneSola Ltd is a holding company. The Company is a brand and technology provider of energy-efficient products based in China. The Company’s segments include solar power projects. The solar power projects segment involves sales of solar power projects and electricity generation revenue of certain project assets it owns and operates.

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