ReNew Energy Global PLC (NASDAQ:RNW - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as $7.67 and last traded at $7.57, with a volume of 343258 shares changing hands. The stock had previously closed at $7.46.
ReNew Energy Global Stock Up 1.6%
The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.58 and a current ratio of 0.60. The company has a fifty day moving average of $6.92 and a two-hundred day moving average of $6.56. The company has a market cap of $2.78 billion, a PE ratio of 47.88 and a beta of 0.88.
Institutional Investors Weigh In On ReNew Energy Global
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. bought a new stake in ReNew Energy Global during the fourth quarter valued at about $25,000. BNP Paribas Financial Markets bought a new stake in ReNew Energy Global during the fourth quarter valued at about $25,000. Summit Securities Group LLC bought a new stake in ReNew Energy Global during the fourth quarter valued at about $34,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in ReNew Energy Global during the fourth quarter valued at about $52,000. Finally, Signaturefd LLC bought a new stake in ReNew Energy Global during the fourth quarter valued at about $65,000. Institutional investors own 43.56% of the company's stock.
About ReNew Energy Global
(
Get 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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