Trina Solar Limited (NYSE:TSL) a global leader in photovoltaic (PV) modules, solutions and services, on 8 April announced that its State Key Laboratory of PV Science and Technology has developed a new high-efficiency Honey Ultra solar module. Trina Solar Limited (ADR) (NYSE:TSL) shares after opening at $13.51 moved to $13.52 on last trade day and at the end of the day closed at $12.02. Company price to sales ratio in past twelve months was calculated as 0.56 and price to cash ratio as 1.93. Trina Solar Limited (ADR) (NYSE:TSL) showed a negative weekly performance of -14.51%.
Canadian Solar Inc. (NASDAQ:CSIQ), the best-performing solar maker last year, received a C$51 million ($46 million) loan from Manulife Financial Corp. (MFC) for its Mighty project in Ontario. Canadian Solar Inc. (NASDAQ:CSIQ) shares fell -10.62% in last trading session and ended the day on $26.68. CSIQ return on equity ratio is recorded as 9.60% and its return on assets is 1.30%. Canadian Solar Inc. (NASDAQ:CSIQ) yearly performance is 550.73%.
SunPower Corporation (NASDAQ:SPWR) will benefits from power plant financing structure as Yieldco for its commercial projects. Total provides financial support for solar projects in the U.S. along with $220 million support from the bank of America to finance residential solar leases. SunPower will experience earnings pressure at lower energy prices; but, strong demand across markets will support revenue. SunPower Corporation (NASDAQ:SPWR) shares moved down -7.58% in last trading session and was closed at $28.04, while trading in range of $27.68 – $30.70. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is -5.94%.
Vimicro International Corporation (ADR) (NASDAQ:VIMC) now expects total revenues of $21 million to $22 million, an increase from its previous guidance of $13.5 million to $15.5 million. The updated guidance includes a portion of a $20 million backlog. The rest of the backlog will affect the first-quarter and second-quarter figures. Vimicro International Corporation (ADR) (NASDAQ:VIMC) weekly performance is -9.86%. On last trading day company shares ended up $3.93. Vimicro International Corporation (ADR) (NASDAQ:VIMC) distance from 50-day simple moving average (SMA50) is 11.16%. Analysts mean target price for the company is $4.50.
Leave a Reply