1 day Ago By ABMN Staff
Shares of Enlight Renewable Energy Ltd ( NASDAQ:ENLT – Get Free Report ) saw unusually-strong trading volume on Friday . Approximately 4,261 shares changed hands during trading, an increase of 31% from the previous session’s volume of 3,263 shares.The stock last traded at $17.
01 and had previously closed at $17.33. Wall Street Analyst Weigh In Separately, Barclays increased their price target on shares of Enlight Renewable Energy from $20.
00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Read Our Latest Analysis on Enlight Renewable Energy Enlight Renewable Energy Stock Up 0.
6 % Enlight Renewable Energy ( NASDAQ:ENLT – Get Free Report ) last announced its quarterly earnings data on Wednesday, November 13th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.
03 by $0.09. The company had revenue of $109.
50 million during the quarter, compared to analyst estimates of $83.09 million. Enlight Renewable Energy had a return on equity of 3.
34% and a net margin of 13.58%. The firm’s revenue for the quarter was up 87.
8% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 EPS.
Analysts forecast that Enlight Renewable Energy Ltd will post 0.15 EPS for the current year. Institutional Trading of Enlight Renewable Energy Institutional investors have recently modified their holdings of the business.
Advisors Asset Management Inc. raised its holdings in Enlight Renewable Energy by 1,181.5% during the 3rd quarter.
Advisors Asset Management Inc. now owns 14,263 shares of the company’s stock valued at $241,000 after acquiring an additional 13,150 shares during the period. Susquehanna International Group Ltd.
bought a new stake in shares of Enlight Renewable Energy during the 2nd quarter valued at $253,000. Tidal Investments LLC lifted its holdings in Enlight Renewable Energy by 11.3% during 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 lifted its holdings in Enlight Renewable Energy by 4,278.2% during 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 in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Enlight Renewable Energy during the 3rd quarter valued at about $655,000. 38.
89% of the stock is currently owned by hedge funds and other institutional investors. Enlight Renewable Energy Company Profile ( Get Free Report ) Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects.
It develops wind energy and solar energy projects, as well as energy storage projects. Featured Articles Receive News & Ratings for Enlight Renewable Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enlight Renewable Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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