Somewhat Negative Press Coverage Somewhat Unlikely to Impact ReneSola (NYSE:SOL) Share Price

News coverage about ReneSola (NYSE:SOL) has trended somewhat negative on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ReneSola earned a daily sentiment score of -0.03 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.2887199818666 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

SOL has been the topic of a number of research analyst reports. Roth Capital upgraded shares of ReneSola from a “sell” rating to a “neutral” rating and set a $3.00 target price on the stock in a research note on Monday, October 16th. Zacks Investment Research lowered shares of ReneSola from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd.

ReneSola (NYSE:SOL) traded down $0.09 during trading hours on Friday, reaching $2.32. 120,657 shares of the company were exchanged, compared to its average volume of 54,789. ReneSola has a 1-year low of $2.12 and a 1-year high of $3.79. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 2.06. The firm has a market cap of $91.83, a price-to-earnings ratio of -0.46 and a beta of 2.06.

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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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