ReNew Energy Global plc (NASDAQ:RNW) currently has a daily average trading volume of 1.07M but it saw 2102706 shares traded in last market. With a market cap of 2.59B USD, the company’s current market price of $6.94 came falling about -1.42 while comparing to the previous closing price of $7.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.79 and as low as $5.15. In the recent trading on the day, stock has struck highest price mark of $6.89 while lowest mark touched by it was $7.14.
Taking a look at 20-day trading activity of ReNew Energy Global plc (RNW) gives us an average price of $6.36, while its current price level is -10.91% below from 52-week high level whereas it is 34.75% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.98 while that of 200 days or SMA-200 reads an average of $5.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.00% during that period while stretching the period over a month that increases to 4.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.24 which implies that the stock is in neutral territory.
Over the week, RNW’s stock price is moving -6.97% down while it is 27.34% when we observe its performance for the past one month. Year-to-date it is -9.40% down and over the past year, the stock is showing a downside performance of -3.74%.
Currently, ReNew Energy Global plc’s total number of outstanding shares is 254.67M. Company’s return on investment (ROI) stands at 0.39% and return on equity (ROE) at 2.45%. It has a price to earnings ratio (P/E ratio) of 78.68 while having a 25.36 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 1.93 while price to sale or P/S ratio amounts to 2.58. Its return on asset (ROA) is 0.31% on average.
