SolarBank Corp's fundamentals are relatively stable, and its growth potential is good.Its valuation is considered fairly valued, ranking 14 out of 30 in the Renewable Energy industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 4.75.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
SolarBank Corp's Score
Industry at a Glance
Industry Ranking
14 / 30
Overall Ranking
180 / 4574
Industry
Renewable Energy
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive+
SolarBank Corp Highlights
StrengthsRisks
PowerBank Corp, formerly SolarBank Corporation, is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The Company develops solar, battery energy storage systems (BESS) and EV charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. It has a diverse portfolio of projects across multiple North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 124.17% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 29.74M.
Fairly Valued
The company’s latest PB is 3.28, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 481.23K shares, decreasing 74.02% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 3.26.
PowerBank Corp, formerly SolarBank Corporation, is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The Company develops solar, battery energy storage systems (BESS) and EV charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. It has a diverse portfolio of projects across multiple North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.