How to buy Azure Power Global stock - 19 April

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How to buy Azure Power Global stock

Own Azure Power Global stock in just a few minutes.

Azure Power Global Limited is an utilities-renewable business based in the US. Azure Power Global shares (AZRE) are listed on the NYSE and all prices are listed in US Dollars. Azure Power Global employs 605 staff and has a market cap (total outstanding shares value) of USD0.00.

How to buy shares in Azure Power Global

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Azure Power Global. Find the stock by name or ticker symbol: AZRE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Azure Power Global reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Azure Power Global, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Azure Power Global. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Azure Power Global share price

Use our graph to track the performance of AZRE stocks over time.

Azure Power Global shares at a glance

Information last updated 2021-03-18.
52-week rangeUSD$12.59 - USD$53.60
50-day moving average USD$33.30
200-day moving average USD$33.32
Wall St. target priceUSD$44.00
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.11

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Azure Power Global stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Azure Power Global financials

Gross profit TTM USD$11.8 billion
Return on assets TTM 3.06%
Return on equity TTM -6.43%
Profit margin -12.15%
Book value $6.04
Market capitalisation USD$1.4 billion

TTM: trailing 12 months

Shorting Azure Power Global shares

There are currently 398,044 Azure Power Global shares held short by investors – that's known as Azure Power Global's "short interest". This figure is 109.3% up from 190,156 last month.

There are a few different ways that this level of interest in shorting Azure Power Global shares can be evaluated.

Azure Power Global's "short interest ratio" (SIR)

Azure Power Global's "short interest ratio" (SIR) is the quantity of Azure Power Global shares currently shorted divided by the average quantity of Azure Power Global shares traded daily (recently around 375513.20754717). Azure Power Global's SIR currently stands at 1.06. In other words for every 100,000 Azure Power Global shares traded daily on the market, roughly 1060 shares are currently held short.

However Azure Power Global's short interest can also be evaluated against the total number of Azure Power Global shares, or, against the total number of tradable Azure Power Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Azure Power Global's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Azure Power Global shares in existence, roughly 10 shares are currently held short) or 0.0352% of the tradable shares (for every 100,000 tradable Azure Power Global shares, roughly 35 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Azure Power Global.

Find out more about how you can short Azure Power Global stock.

Azure Power Global share dividends

We're not expecting Azure Power Global to pay a dividend over the next 12 months.

Azure Power Global share price volatility

Over the last 12 months, Azure Power Global's shares have ranged in value from as little as $12.59 up to $53.5999. A popular way to gauge a stock's volatility is its "beta".

AZRE.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Azure Power Global's is 0.8278. This would suggest that Azure Power Global's shares are less volatile than average (for this exchange).

Azure Power Global overview

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. .

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