On 15 MAY SolarCity Corp (NASDAQ:SCTY) and SunPower (SPWR) are attractive at current levels. SunPower should benefit from strong demand for existing projects that can be carried out by yieldcos, Shah wrote. SolarCity Corp (NASDAQ:SCTY) net profit margin is -24.70% and weekly performance is -8.20%. On last trading day company shares ended up $49.68. Analysts mean target price for the company is $74.89. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -17.51%.
Tesla Motors Inc (NASDAQ:TSLA) has a service center in St Louis, MO, employing 15 people. To date, the company has invested $2 million in the state. The automaker intends to open a larger service center in Kansas City, MO, later in 2014, employing 15 people and thus investing an additional $1 million in the state.Tesla Motors Inc (NASDAQ:TSLA) shares advanced 2.36% in last trading session and ended the day on $196.09. TSLA Gross Margin is 24.90% and its return on assets is -4.90%. Tesla Motors Inc (NASDAQ:TSLA) quarterly performance is -3.74%.
Sunedison Inc (NYSE:SUNE) (NYSE: SUNE) is spinning off its wafer-making business into a new company called SunEdison Semiconductor Ltd. The Singapore-based company is offering 7.2 million ordinary shares in an expected price range of $13 to $15 a share.Sunedison Inc (NYSE:SUNE) shares moved up 3.30% in last trading session and was closed at $18.18, while trading in range of $17.37 – $18.39. Sunedison Inc (NYSE:SUNE) year to date (YTD) performance is 39.31%.
Canadian Solar Inc. (NASDAQ:CSIQ) reported first quarter EPS of $0.07 Friday morning, compared to the loss of $0.10 in the prior year period. Analysts expected EPS of $0.12. Net revenues for the quarter surged 76.9 percent to $466.32 million from $263.61 million reported last year. Analysts estimated revenues of $431.98 million. Canadian Solar Inc. (NASDAQ:CSIQ) ended the last trading day at $21.71. Company weekly volatility is calculated as 6.33% and price to cash ratio as 5.21. Canadian Solar Inc. (NASDAQ:CSIQ) showed a negative weekly performance of -22.46%.
On 18 MAY First Solar (NASDAQ:FSLR)‘s stock had its “buy” rating reaffirmed by equities researchers at Brean Capital in a research report issued on Thursday. They currently have a target price on the stock. Brean Capital’s price target points to a potential upside from the stocks previous close.First Solar, Inc. (NASDAQ:FSLR) net profit margin is 11.60% and weekly performance is -6.27%. On last trading day company shares ended up $59.83. Analysts mean target price for the company is $65.21. First Solar, Inc. (NASDAQ:FSLR) distance from 50-day simple moving average (SMA50) is -9.25%.
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