ReneSola Ltd. (SOL) was a big mover last session, as the company saw its shares rise roughly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 38% in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ReneSola currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the wider technology sector is BroadSoft, Inc. (BSFT), carrying a Zacks Rank #2 (Buy).
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