Streetbeat News

SOL

Emeren Group, Ltd.

https://emeren.com/

Industry

Solar

Emeren Group Ltd is solar project developer, owner, and operator. The Company specializes in solar project lifecycle, construction management, and financing services.

Open

1.33

Mkt cap

6.1M

Volume

1.2M

High

1.43

P/E Ratio

-23.80

52-wk high

3.00

Low

1.04

Div yield

N/A

52-wk low

1.04

The article highlights the pre-market movements of 12 industrial stocks on Monday. Notable gainers include Innovative Solutions (ISSC), Tigo Energy (TYGO), and Azul (AZUL), while significant losers include Zoomcar Holdings (ZCAR) and Pineapple Energy (PEGY).

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 12:05 pm

Caitlyn Jenner's official X account promoted a new cryptocurrency called JENNER, raising doubts about its authenticity. Despite skepticism, the coin saw a massive surge in value. This incident highlights the risks associated with memecoins and potential scams in the crypto market.

Portfolio Pulse from Aniket Verma

May 27, 2024 | 9:11 am

The article reports on the stock movements of various cannabis-related companies for May 24, 2024. Notable gainers include Corbus Pharmaceuticals (NASDAQ:CRBP) and Genetic Technologies (NASDAQ:GENE), while significant losers include Emeren Group (NYSE:SOL) and Psychemedics (NASDAQ:PMD).

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 8:30 pm

Northland Capital Markets has downgraded Emeren Group (NYSE:SOL) from Market Perform to Underperform, with a new price target of $1.5.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:15 pm

HC Wainwright & Co. analyst Amit Dayal has reiterated a Buy rating on Emeren Group (NYSE:SOL) and maintained a price target of $7.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:34 pm

The article highlights the performance of various industrial stocks during Thursday's after-market session. Notable gainers include SOS, Addentax Group, Nuburu, AERWINS Technologies, Nature's Miracle Holding, and Frontier Group Holdings. On the losing side, Zoomcar Holdings, Sentage Holdings, Emeren Group, C3is, Pineapple Energy, and noco-noco saw declines.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 8:31 pm

Emeren Group has affirmed its FY24 revenue guidance at $150M-$160M, which is above the estimated $147.570M.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:10 pm

Emeren Group has announced its Q2 revenue forecast to be between $20 million and $23 million, significantly lower than the estimated $33.517 million.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:10 pm

Emeren Group (NYSE:SOL) reported a Q1 2024 GAAP EPS loss of $(0.08) and sales of $14.8 million, missing the analyst consensus estimate of $18.241 million by 18.86%. Despite the miss, sales increased by 14.94% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:09 pm

Glauber Contessoto, known as "SlumDOGE Millionaire", highlighted Solana's (SOL) significant price increase over the past year. A year ago, investing $250K in Solana would have yielded $1.65M today, marking a 6.6x increase. Solana's price saw a massive surge from historical lows post-FTX implosion, becoming the fifth-largest cryptocurrency by surpassing XRP. Despite a slower growth in 2024, bullish sentiment remains, with predictions of reaching new highs.

Portfolio Pulse from Aniket Verma

May 08, 2024 | 8:59 am

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