ReNew Energy Global (RNW) Scheduled to Post Earnings on Tuesday

ReNew Energy Global (NASDAQ:RNW) will announce its earnings results after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

ReNew Energy Global Stock Up 0.9 %

Shares of NASDAQ RNW opened at $5.39 on Monday. ReNew Energy Global has a 52-week low of $5.15 and a 52-week high of $7.79. The company has a debt-to-equity ratio of 4.65, a quick ratio of 0.66 and a current ratio of 0.67. The business has a fifty day moving average of $5.96 and a two-hundred day moving average of $5.96. The stock has a market cap of $1.95 billion, a PE ratio of 179.67 and a beta of 0.95.

Analyst Ratings Changes

A number of research firms have recently issued reports on RNW. Morgan Stanley cut shares of ReNew Energy Global from an “overweight” rating to an “equal weight” rating in a research note on Thursday, September 26th. Roth Mkm dropped their target price on ReNew Energy Global from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, August 19th.

ReNew Energy Global Company Profile

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.