Renesola Shares Climb 7.7% (SOL)

Shares of Renesola Ltd. SOL are currently up 7.7% at $10.46 per share during Monday afternoon trading. Today's trading range for shares of Renesola Ltd has been between $10.22 and $10.55 per share. The consensus price target of analysts covering the company's stock is $16.31 per share. Volume of 5 million shares is already well above the daily average volume of 3.6 million shares. Renesola Ltd. (SOL) is a leading global manufacturer of solar wafers and producer of solar power products based in China. The company capitalizes on its proprietary technologies, economies of scale, low-cost production capabilities and technological innovations and know-how, leveraging its in-house virgin polysilicon and solar cell and module production capabilities to provide its customers with high-quality, cost-competitive solar wafer products and solar modules. Read more from Benzinga's Company news.