Trina Solar Limited (ADR) (NYSE:TSL) announced that its State Key Laboratory of PV Science and Technology has developed a new high-efficiency Honey Ultra solar module.Trina Solar Limited (ADR) (NYSE:TSL) shares after opening at $13.51 moved to $13.52 on last trade day and at the end of the day closed at $12.02. Company price to sales ratio in past twelve months was calculated as 0.56 and price to cash ratio as 1.93. Trina Solar Limited (ADR) (NYSE:TSL) showed a negative weekly performance of -14.51%.
Canadian Solar Inc. (NASDAQ:CSIQ) raises fund to support development of pipeline projects and take the advantage of increasing opportunities. The Company has flexible balance sheet with strong cash flow position which help the Company to fund late-stage solar projects. As of December 31, 2013, Canadian Solar has a cash balance of $679.4 million and external borrowings of $201.9 million only for utility-scale solar power projects. It includes both short-term borrowings and log-term debt.Canadian Solar Inc. (NASDAQ:CSIQ) shares fell -10.62% in last trading session and ended the day on $26.68. CSIQ return on equity ratio is recorded as 9.60% and its return on assets is 1.30%. Canadian Solar Inc. (NASDAQ:CSIQ) yearly performance is 550.73%.
SunPower Corporation (NASDAQ:SPWR) installed 149 kilowatt solar power system on the rooftop of stores and warehouses of Watershed Premium Wines (Watershed) In Australia. Watershed expects to reduce electricity use by 30% and saves AU$79,000 per year from solar installation. So, cost effective clean energy will make a difference for companies that usually require high energy to operate their business. It improves their profitability by reducing their operating expenses. These will open opportunities for SunPower to supply solar solutions to winemaking companies.SunPower Corporation (NASDAQ:SPWR) shares moved down -7.58% in last trading session and was closed at $28.04, while trading in range of $27.68-$30.70. SunPower Corporation (NASDAQ:SPWR) year to date performance is -5.94%.
Sigma Designs (NASDAQ:SIGM) was upgraded by investment analysts at EVA Dimensions from an “overweight” rating to a “buy” rating in a note issued to investors on Thursday, American Banking News reports.Sigma Designs Inc (NASDAQ:SIGM) weekly performance is -6.99%. On last trading day company shares ended up $4.39. Sigma Designs Inc (NASDAQ:SIGM) distance from 50-day simple moving average is -9.86%. Analysts mean target price for the company is $9.00.
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