First Solar Inc. (NASDAQ:FSLR) of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has launched its modular AC Power Block solar power plant solution and its next-generation First Solar Series 4 thin-film photovoltaic (PV) module. The firm is showcasing these and other solutions in hall A2, booth 575, at the Intersolar Europe 2014 exhibition in Messe München, Munich, Germany (4-6 June). First Solar, Inc. (NASDAQ:FSLR) net profit margin is 11.60% and weekly performance is 1.90%. On last trading day company shares ended up $61.78. Analysts mean target price for the company is $65.21. First Solar, Inc. (NASDAQ:FSLR) distance from 50-day simple moving average (SMA50) is -7.62%.
SolarCity Corp (NASDAQ:SCTY), the solar photovoltaic installer has teamed up Groupon Inc (NASDAQ:GRPN) to offer online offers for rooftop solar market. SolarCity Corp (NASDAQ:SCTY) shares fell -4.67% in last trading session and ended the day on $52.50. SCTY gross Margin is 21.00% and its return on assets is -2.10%.SolarCity Corp (NASDAQ:SCTY) quarterly performance is -38.21%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) of China is the largest solar-panel manufacturer in the world and & it just might be able to return to profitability in the Q4 as it now looks to build the company’s presence in the Middle East. In 2013, YGE reported its operating loss of $184.7M despite $2.2B in net revenue. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares moved down -3.70% in last trading session and was closed at $3.38, while trading in range of $3.37 – $3.51. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) year to date (YTD) performance is -33.07%.
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 $13.67. Company weekly volatility is calculated as 5.95% and price to cash ratio as 2.00.Trina Solar Limited (ADR) (NYSE:TSL) showed a positive weekly performance of 6.55%.
The report stated that LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY), a solar silicon wafer supplier, has received new bank loans to ease the effects of a credit squeeze, and raised production to generate sales in a bid to overcome its current financial difficulties, while some market analysts say its financial crisis is not over yet. On last trading day company shares ended up $0.500.
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