Carrera Capital Advisors bought a new position in ReNew Energy Global PLC (NASDAQ:RNW - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 125,099 shares of the company's stock, valued at approximately $737,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Point72 Asset Management L.P. bought a new position in shares of ReNew Energy Global in the fourth quarter worth about $25,000. BNP Paribas Financial Markets purchased a new stake in ReNew Energy Global in the 4th quarter valued at about $25,000. Hsbc Holdings PLC boosted its position in ReNew Energy Global by 40.3% in the 4th quarter. Hsbc Holdings PLC now owns 16,710 shares of the company's stock valued at $115,000 after buying an additional 4,799 shares during the period. Summit Securities Group LLC bought a new position in ReNew Energy Global in the 4th quarter worth about $34,000. Finally, Barclays PLC increased its position in shares of ReNew Energy Global by 21.8% during the fourth quarter. Barclays PLC now owns 32,123 shares of the company's stock worth $219,000 after acquiring an additional 5,742 shares during the period. 43.56% of the stock is currently owned by institutional investors.
ReNew Energy Global Trading Up 2.4%
Shares of ReNew Energy Global stock traded up $0.18 on Monday, hitting $7.65. 1,203,061 shares of the company traded hands, compared to its average volume of 1,279,689. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 4.44. The company has a market cap of $2.77 billion, a PE ratio of 47.82 and a beta of 0.88. The stock's 50 day moving average price is $7.08 and its 200-day moving average price is $6.60. ReNew Energy Global PLC has a 52 week low of $5.15 and a 52 week high of $7.76.
About ReNew Energy Global
(
Free Report)
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.
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