China Sunergy Co., Ltd. (NASDAQ:CSUN) a specialized solar cell and module manufacturer, on 28 may announced its financial results for the first quarter ended March 31, 2014. Total revenue was US$62.7 million, an increase of 1.6% from US$61.7 million in the first quarter of 2013, and a decrease of 50.0% from US$125.5 million in the fourth quarter of 2013. China Sunergy Co Ltd (NASDAQ:CSUN) net profit margin is -13.40% and weekly performance is -20.84%. On last trading day company shares ended up $3.00. Analysts mean target price for the company is $6.50. China Sunergy Co Ltd (NASDAQ:CSUN) distance from 50-day simple moving average (SMA50) is -21.59%.
Sometimes even the leaders fail to impress. After a string of consecutive earnings beats, JinkoSolar Holding Company (NYSE:JKS) reported a first quarter loss of $0.20 per diluted share versus consensus analyst expectations of a profit of $0.40 per share. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares fell -4.18% in last trading session and ended the day on $27.02. JKS gross Margin is 22.40% and its return on assets is 3.10%.JinkoSolar Holding Co., Ltd. (NYSE:JKS) quarterly performance is -24.84%.
SunPower Corp. (NASDAQ:SPWR) has finished building two ground-mounted solar facilities in South Africa. The Herbert and Greefspan projects generate 33 megawatts combined through 138,000 photovoltaic solar panels. The panels are mounted in single-axis trackers, which are programmed to follow the sun during the day to ensure the plants generate the maximum amount of power. SunPower Corporation (NASDAQ:SPWR) shares moved down -2.23% in last trading session and was closed at $32.01, while trading in range of $31.47 – $32.50. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is 7.38%.
Trina Solar Limited (NYSE:TSL)‘s stock had its “sector perform” rating reiterated by stock analysts at RBC Capital in a report issued on Thursday. They currently have a $15.00 target price on the stock, down from their previous target price of $18.00. RBC Capital’s price objective indicates a potential upside of 16.55% from the company’s current price. Trina Solar Limited (ADR) (NYSE:TSL) ended the last trading day at $12.97. Company weekly volatility is calculated as 6.33% and price to cash ratio as 1.90.Trina Solar Limited (ADR) (NYSE:TSL) showed a positive weekly performance of 0.54%.
Daqo New Energy Corp. (NYSE:DQ) a leading polysilicon manufacturer based in China, on 14 may announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company was priced at US$29.00 per ADS on May 14, 2014. The Company will issue and sell 2,000,000 ADSs. Each ADS represents 25 ordinary shares of the Company. In connection with this offering, the Company has granted the underwriter a 30-day option to purchase up to 300,000 additional ADSs. Daqo New Energy Corp (NYSE:DQ) weekly performance is 6.64%. On last trading day company shares ended up $26.98. Analysts mean target price for the company is $-. Daqo New Energy Corp (NYSE:DQ) distance from 50-day simple moving average (SMA50) is -26.63%.
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