Azure Power Global Limited (AZRE) Buy or Sell Stock Guide

Last updated: Last Thursday

The analysis below may be helpful to you if you have any of the following questions about AZRE stock:

  • Is AZRE a buy or a sell?
  • Should I sell or hold AZRE stock today?
  • Is AZRE a good buy / a good investment?
  • What are AZRE analyst opinions, recommendations, ratings?

Here are AZRE stock buy reasons/signals:

1. AZRE quarterly revenue growth was 103.80%, higher than the industry and sector average revenue growth (1.69% and 1.69%, respectively).

2. AZRE forward P/E ratio is 19.19, and it’s low compared to its industry peers’ P/E ratios.

3. AZRE Price/Book ratio is 1.97, and it’s low compared to its industry peers’ P/B ratios.

4. AZRE average analyst rating is Strong Buy.

5. AZRE average analyst price target ($22.00) is above its current price ($16.50).

Here are AZRE stock sell reasons/signals:

1. AZRE short interest (days to cover the shorts) ratio is 3.29. The stock garners more short interest than the average industry, sector or S&P 500 stock.

What are your thoughts on AZRE?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Comments (0)expand_more