Enlight Renewable Energy (NASDAQ:ENLT – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Monday, November 20th. Analysts expect Enlight Renewable Energy to post earnings of $0.09 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Enlight Renewable Energy Trading Up 1.2 %
Shares of ENLT opened at $15.34 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.37 and a current ratio of 1.37. The company has a 50-day moving average of $14.50 and a two-hundred day moving average of $16.77. Enlight Renewable Energy has a 12-month low of $12.11 and a 12-month high of $29.70.
Hedge Funds Weigh In On Enlight Renewable Energy
A number of institutional investors have recently modified their holdings of ENLT. Sphera Funds Management LTD. acquired a new position in shares of Enlight Renewable Energy in the first quarter valued at approximately $7,629,000. JPMorgan Chase & Co. increased its position in Enlight Renewable Energy by 134.1% during the second quarter. JPMorgan Chase & Co. now owns 725,288 shares of the company’s stock worth $12,874,000 after purchasing an additional 415,505 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in Enlight Renewable Energy during the first quarter worth approximately $5,984,000. Bank of America Corp DE acquired a new position in Enlight Renewable Energy during the first quarter worth approximately $3,949,000. Finally, Brookfield Corp ON acquired a new position in Enlight Renewable Energy during the first quarter worth approximately $2,467,000. Institutional investors and hedge funds own 32.92% of the company’s stock.
Wall Street Analysts Forecast Growth
Enlight Renewable Energy Company Profile
Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects.
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