The stock of Azure Power Global Limited (NYSE:AZRE) is a huge mover today! The stock decreased 3.10% or $0.35 during the last trading session, reaching $10.95. About 147,697 shares traded or 513.67% up from the average. Azure Power Global Limited (NYSE:AZRE) has declined 32.14% since March 21, 2018 and is downtrending. It has underperformed by 36.51% the S&P500. Some Historical AZRE News: 15/05/2018 – Azure Power Surpasses 1 GW of Operating Solar Capacity; 22/05/2018 – AZURE POWER – WILL SIGN A 25 YEAR POWER PURCHASE AGREEMENT WITH MAHAGENCO AT A TARIFF OF INR 3.07 PER KWH; 31/05/2018 – Azure Roof Power Announces $135M Financing; 22/05/2018 – AZURE POWER – PORTFOLIO CROSSED 2 GW MILESTONE BY WINNING FOUR 50 MW PROJECTS FOR A CUMULATIVE CAPACITY OF 200 MWS IN STATE OF MAHARASHTRA; 24/05/2018 – Azure Power Headquarter Receives lndia’s First and Highest Rated Platinum Certification under LEED v4 Commercial lnteriors; 24/05/2018 – Azure Power Headquarter Receives India’s First and Highest Rated Platinum Certification under LEED v4 Commercial Interiors; 22/05/2018 – AZURE POWER – PROJECT WILL BE DEVELOPED OUTSIDE A SOLAR PARK AND IS EXPECTED TO BE COMMISSIONED IN 2019; 03/04/2018 – AZURE POWER GLOBAL LTD SAYS IT HAS WON A 200 MW SOLAR PROJECT IN GUJARAT; 31/05/2018 – AZURE POWER – PROCEEDS WILL BE USED TO FINANCE APPROXIMATELY 200 MWS OF AZURE POWER’S SOLAR ROOFTOP PROJECTS ACROSS INDIA; 21/03/2018 Azure Power Wins 130 MWs of Solar Power ProjectsThe move comes after 5 months negative chart setup for the $448.29M company. It was reported on Mar, 21 by Barchart.com. We have $10.18 PT which if reached, will make NYSE:AZRE worth $31.38M less.
Pacer Benchmark Data & Infrastructure Real Estate (NYSEARCA:SRVR) had an increase of 112.66% in short interest. SRVR’s SI was 16,800 shares in March as released by FINRA. Its up 112.66% from 7,900 shares previously. With 9,700 avg volume, 2 days are for Pacer Benchmark Data & Infrastructure Real Estate (NYSEARCA:SRVR)’s short sellers to cover SRVR’s short positions. The ETF increased 1.82% or $0.5 during the last trading session, reaching $28.14. About 7,682 shares traded or 13.98% up from the average. Pacer Benchmark Data&Infras RE SCTR ETF (NYSEARCA:SRVR) has 0.00% since March 21, 2018 and is . It has underperformed by 4.37% the S&P500.
Analysts await Azure Power Global Limited (NYSE:AZRE) to report earnings on June, 21. They expect $0.09 EPS, up 800.00% or $0.08 from last year’s $0.01 per share. AZRE’s profit will be $3.68M for 30.42 P/E if the $0.09 EPS becomes a reality. After $0.05 actual EPS reported by Azure Power Global Limited for the previous quarter, Wall Street now forecasts 80.00% EPS growth.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. The company has market cap of $448.29 million. It generates solar energy based on long-term contracts with Indian government entities, as well as other non-governmental energy distribution companies and commercial customers. It currently has negative earnings. As of March 31, 2017, it had an installed capacity of 12.2 gigawatts.
More notable recent Azure Power Global Limited (NYSE:AZRE) news were published by: Bizjournals.com which released: “Pinterest signs huge lease in SoMa – San Francisco Business Times – San Francisco Business Times” on March 20, 2019, also Prnewswire.com with their article: “Alexandria Real Estate Equities, Inc. Announces 490,000 RSF Anchor Lease With Pinterest at Its 88 Bluxome Street Development in the Heart of San Francisco’s SoMa Submarket – PRNewswire” published on March 20, 2019, Seekingalpha.com published: “Alexandria Real Estate starts three-tranche notes offering – Seeking Alpha” on March 12, 2019. More interesting news about Azure Power Global Limited (NYSE:AZRE) were released by: Businessinsider.com and their article: “Cboe’s CEO says regulators need to scrutinize dark pools – Business Insider” published on March 13, 2019 as well as Wsj.com‘s news article titled: “SEC Chief Wants Smaller Investors to Have Better, Faster Stock Data – Wall Street Journal” with publication date: March 08, 2019.