Renu Energy (ASX:RNE) Stock Price Down 41.7%

Renu Energy Limited (ASX:RNE) traded down 41.7% on Friday . The stock traded as low as A$0.03 ($0.02) and last traded at A$0.04 ($0.02), 3,782,029 shares changed hands during trading. The stock had previously closed at A$0.06 ($0.04).

The company has a debt-to-equity ratio of 15.06, a current ratio of 1.39 and a quick ratio of 1.13. The stock has a market cap of $3.88 million and a PE ratio of -0.88. The business has a 50-day moving average of A$0.06.

About Renu Energy (ASX:RNE)

ReNu Energy Limited, an independent power producer, provides clean energy products and services in Australia. The company operates through three segments: Solar, Bioenergy, and Geothermal. It installs and operates solar PV embedded networks; and anaerobic digestion systems and bioenergy plants, as well as offers solar PV grid connected products.

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