Enlight Renewable Energy Ltd (NASDAQ:ENLT – Get Free Report) rose 5% on Tuesday . The company traded as high as $17.22 and last traded at $17.22. Approximately 9,942 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 25,809 shares. The stock had previously closed at $16.40.Analyst Ratings ChangesSeparately, Barclays boosted their price target on Enlight Renewable Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th.Read Our Latest Analysis on ENLTEnlight Renewable Energy Stock Up 6.1 %The company has a fifty day moving average of $16.03 and a 200 day moving average of $16.06. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.64. The company has a market cap of $2.01 billion, a P/E ratio of 39.55 and a beta of 1.70. Enlight Renewable Energy (NASDAQ:ENLT – Get Free Report) last issued its quarterly earnings data on Wednesday, November 13th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.09. The firm had revenue of $109.50 million during the quarter, compared to the consensus estimate of $83.09 million. Enlight Renewable Energy had a net margin of 13.58% and a return on equity of 3.34%. The company’s revenue for the quarter was up 87.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 EPS. On average, research analysts anticipate that Enlight Renewable Energy Ltd will post 0.15 earnings per share for the current fiscal year. Institutional Trading of Enlight Renewable EnergySeveral institutional investors and hedge funds have recently modified their holdings of ENLT. Advisors Asset Management Inc. increased its stake in Enlight Renewable Energy by 1,181.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 14,263 shares of the company’s stock worth $241,000 after buying an additional 13,150 shares in the last quarter. Susquehanna International Group Ltd. bought a new stake in Enlight Renewable Energy during the 2nd quarter valued at approximately $253,000. Tidal Investments LLC lifted its holdings in Enlight Renewable Energy by 11.3% in the 3rd quarter. Tidal Investments LLC now owns 18,241 shares of the company’s stock worth $308,000 after purchasing an additional 1,852 shares in the last quarter. Barclays PLC boosted its stake in Enlight Renewable Energy by 4,278.2% in the 3rd quarter. Barclays PLC now owns 25,525 shares of the company’s stock worth $432,000 after purchasing an additional 24,942 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Enlight Renewable Energy during the 3rd quarter valued at approximately $655,000. 38.89% of the stock is currently owned by institutional investors. Enlight Renewable Energy Company Profile(Get Free Report)Enlight Renewable Energy Ltd operates a renewable en
Gio. Dic 26th, 2024
