How to Buy Emeren Group Stock
Emeren Group Ltd
Emeren Group is a solar company located in China, which is part of the Technology sector, and is traded under the ticker SOL on the NYSE exchange.
Emeren Group stock last closed at $1.23, down 2.38% from the previous day, and has decreased 22.64% in one year. It has overperformed other stocks in the Solar industry by 0.74 percentage points. Emeren Group stock is currently +18.27% from its 52-week low of $1.04, and -59% from its 52-week high of $3.00.
At the moment, there are 513.22M SOL shares outstanding. The market capitalization of SOL is $63.13M. In the past 24 hours, 90,586 SOL shares were traded.
How to Buy Emeren Group Stock
Wondering how to invest in Emeren Group stock? Here's how.
- Figure out where to buy Emeren Group stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Emeren Group stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your info.
- Research Emeren Group stock: The Emeren Group ticker symbol is SOL. Is Emeren Group stock a good investment? Should you buy shares of SOL? How do SOL's underlying business fundamentals look? Do top analysts think Emeren Group is a good buy? Why has SOL's stock price moved recently? (Hint: Our stock market research tools can help you decide if SOL is a good stock to buy).
- Execute your SOL trade: Decide if you will purchase SOL shares at the current market price or use a limit order to purchase SOL stock at a particular price.
- Track your SOL position: Create a watchlist to track your new investment in Emeren Group stock.
Step 1: Figure out where to buy Emeren Group stock
You will need a brokerage account in order to access the NYSE market and buy SOL shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to buy SOL stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on one of the best stock apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Emeren Group stock
Once you have selected the best place to buy Emeren Group stock, it's absolutely critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Emeren Group shares at a glance
Emeren Group Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on SOL's stock page.
Is SOL stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SOL's true value.
Using relative valuations metrics:
- SOL could be undervalued based on its P/B ratio of 0.21x, relative to Solar industry P/B ratio of 1.54x
You can do additional valuation analysis on SOL's stock here.
SOL Financial Summary
Passed Financial Due Diligence Checks:
- SOL has a low debt to equity ratio of 0.37.
- There are more short-term assets than short-term liabilities on the SOL balance sheet.
- Total SOL debt is lower than 5 years ago, relative to shareholder equity.
- SOL has $50.01M in cash and short term investments. This is enough to cover its annual cash burn of $15.04M.
- There are more short-term assets than long-term liabilities on the SOL balance sheet.
- SOL has cash burn of 15040000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- SOL profit margin has gone down from -3% to -13.6% in the past year.
Is it a good time to buy Emeren Group stock, according to analysts?
Out of 2 Wall Street analysts who research SOL, the consensus analyst rating on SOL is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Emeren Group stock forecast page.
SOL Technicals
SOL Performance Numbers
Last year, SOL revenue was $92.07M. Over the past 5 year, SOL's revenue has grown by -5.02% per year. This was slower than the Solar industry average of 12.26%.
Find out more about SOL's earnings and revenue performance here.
Are SOL executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at SOL have bought more shares than they have sold.
Shah Capital Management, CHAIRMAN of SOL, was the latest SOL insider to buy. They bought $22,055.97 worth of SOL stock on Dec 19, 2024.
Dig into more about who owns SOL stock here.
Can I get consistent income from SOL stock?
No, Emeren Group doesn't provide an income stream by paying out dividends.
SOL Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your SOL trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Track your SOL position
Now that you own some SOL shares, you'll want to keep up with your company.
Create a watchlist to get the latest updates about your SOL stock.
SOL Feed
How to Buy Stock in Emeren Group
To summarize, here are the 6 steps for buying Emeren Group stock:
- Figure out where to buy Emeren Group stock
- Create your brokerage account
- Fund your investment account
- Research Emeren Group stock
- Execute your SOL trade
- Track your SOL position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Emeren Group, hit the button below to create your watchlist.
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