SolarCity Corp (NASDAQ:SCTY), posted its 1Q2014 earnings earlier this month. The company earned 52 cents per share, beating the consensus estimate of 39 cents. Revenue came in at $223.80 million, ahead the consensus estimate of $218.26 million. SolarCity Corp (NASDAQ:SCTY), net profit margin is -24.70% and weekly performance is 11.66%. On last trading day company shares ended up $55.07. Analysts mean target price for the company is $74.89. SolarCity Corp (NASDAQ:SCTY), distance from 50-day simple moving average (SMA50) is -3.04%.
On May 28, 2014, Xcel Energy Inc. will buy power from a 50-megawatt solar power plant to be built in Colorado’s San Luis Valley, according to a deal it’s signed with SunPower Corporation (NASDAQ:SPWR). SunPower Corporation (NASDAQ:SPWR), advanced 2.60% in last trading session and ended the day on $33.99. SPWR, Gross Margin is 23.20% and its return on assets is 5.70%. SunPower Corporation (NASDAQ:SPWR), quarterly performance is -0.87%.
On May 22, 2014, The Home Depot, Inc. (NYSE:HD), reported that a first quarter cash dividend of $0.47 per share was declared by its board of directors, marking the 109th consecutive quarter the Company has paid a cash dividend. Home Depot informed that the dividend is payable on June 19, 2014 to shareholders of record at the close of business on June 5, 2014. The Home Depot, Inc. (NYSE:HD), shares moved up 0.28% in last trading session and was closed at $79.90, while trading in range of $79.44 – 79.99. The Home Depot, Inc. (NYSE:HD), year to date (YTD) performance is -2.41%.
On May 28, 2014, China Sunergy Co Ltd (NASDAQ:CSUN), announced its financial results for the first quarter ended March 31, 2014. For the first quarter of 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. Revenue from the Company’s self-brand modules and cells business, accounting for 91.7% of the total revenue, was US$57.5 million, and, revenue from the modules and cells processed under OEM arrangements, accounting for 8.3%, was US$5.2million. China Sunergy Co Ltd (NASDAQ:CSUN), ended the last trading day at $3.47. Company weekly volatility is calculated as 10.59% and price to cash ratio as 1.64. China Sunergy Co Ltd (NASDAQ:CSUN), showed a positive weekly performance of 1.76%.
On May 22, 2014, LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY), stock hit highest price at $0.45, beginning with a price of $0.42 and closed at $0.420 with day range of $0.10 – $2.17. The total market capitalization of the stock is $81.68 billion; total average volume held in the session was 441,922.00 shares. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY), on last trading day company shares ended up $0.450.
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