Shares of ReneSola Ltd. (NYSE:SOL) sank 6% today after Roth Capital downgraded the solar products specialist from buy to neutral. ReneSola Ltd. (ADR) (NYSE:SOL) net profit margin is -17.10% and weekly performance is -9.29%. On last trading day company shares ended up $2.54. Analysts mean target price for the company is $4.13. ReneSola Ltd. (ADR) (NYSE:SOL) distance from 50-day simple moving average (SMA50) is -15.20%.
Chinese solar manufacturer, Hanwha SolarOne Ltd (NASDAQ:HSOL) has announced that it has shipped 60MW of its modules to vogt solar for a number of UK solar farms. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares fell -2.36% in last trading session and ended the day on $2.48. HSOL gross Margin is -2.60% and its return on assets is -16.30%.Hanwha Solarone Co Ltd (NASDAQ:HSOL) quarterly performance is -18.69%.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) a leading manufacturer of high-performance solar power products, today announced that it will hold its annual general meeting of shareholders (“AGM”) on Monday, June 30, 2014, at 10:30 a.m., Beijing Time, at its headquarters at No. 36, Jiang Chang San Road, Zhabei, Shanghai, the People’s Republic of China. The shareholder record date is May 21, 2014. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares moved down -5.87% in last trading session and was closed at $9.95, while trading in range of $9.94 – $10.57. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) year to date (YTD) performance is 8.51%.
JinkoSolar Holding Co. (NYSE:JKS)’s stock had its “buy” rating restated by analysts at ING Group in a research report issued to clients and investors on Wednesday. JinkoSolar Holding Co., Ltd. (NYSE:JKS) ended the last trading day at $28.03. Company weekly volatility is calculated as 8.33% and price to cash ratio as 4.51.JinkoSolar Holding Co., Ltd. (NYSE:JKS) showed a positive weekly performance of 12.53%.
Suntech Power Holdings Co., Ltd. (OTCBB:STPFQ) announced that the administrator of Suntech Power International Ltd. (“SPI”), the Company’s principal operating subsidiary in Europe, has called for a meeting of the creditors of SPI on June 10, 2014 to consider a proposed dividend agreement to resolve the claims of SPI’s creditors. On last trading day company shares ended up $0.287.
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