CIBRA Capital Ltd purchased a new stake in ReNew Energy Global PLC (NASDAQ:RNW - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 148,759 shares of the company's stock, valued at approximately $876,000. ReNew Energy Global comprises about 0.3% of CIBRA Capital Ltd's investment portfolio, making the stock its 23rd largest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. grew its holdings in ReNew Energy Global by 158.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 100,404 shares of the company's stock worth $591,000 after acquiring an additional 61,543 shares during the period. TT International Asset Management LTD boosted its position in shares of ReNew Energy Global by 102.7% in the 1st quarter. TT International Asset Management LTD now owns 301,392 shares of the company's stock worth $1,775,000 after buying an additional 152,691 shares in the last quarter. GAM Holding AG purchased a new stake in shares of ReNew Energy Global in the 1st quarter worth about $942,000. FNY Investment Advisers LLC increased its holdings in ReNew Energy Global by 42.0% during the 1st quarter. FNY Investment Advisers LLC now owns 71,777 shares of the company's stock valued at $422,000 after acquiring an additional 21,230 shares in the last quarter. Finally, Alpine Global Management LLC purchased a new position in ReNew Energy Global during the 4th quarter valued at about $990,000. 43.56% of the stock is owned by hedge funds and other institutional investors.
ReNew Energy Global Price Performance
Shares of NASDAQ RNW traded up $0.69 on Thursday, hitting $7.61. The company's stock had a trading volume of 5,198,122 shares, compared to its average volume of 978,432. The stock has a 50 day moving average of $6.72 and a 200-day moving average of $6.53. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 47.57 and a beta of 0.88. ReNew Energy Global PLC has a 12-month low of $5.15 and a 12-month high of $7.67. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.60 and a quick ratio of 0.58.
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.
See Also
Before you consider ReNew Energy Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ReNew Energy Global wasn't on the list.
While ReNew Energy Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
