A number of insiders have been unloading shares of SolarCity Corp (NASDAQ:SCTY) recently, according to regulatory filings. In fact, as Seeking Alpha contributor Markus Aarnio reports, four of them sold off some stock inside of a month. In addition, no insiders purchased any shares during the month, and two of the four cut their holdings in SolarCity by over 10%. SolarCity Corp (NASDAQ:SCTY) shares after opening at $52.00 moved to $53.50 on last trade day and at the end of the day closed at $53.25. Company price to sales ratio in past twelve months was calculated as 29.93 and price to cash ratio as 8.49. SolarCity Corp (NASDAQ:SCTY) showed a negative weekly performance of -10.08%.
Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, announced that it will release its unaudited financial results for the first quarter 2014 before the market opens on Wednesday, May 14, 2014. On the same day, management will host a conference call to discuss the results at 8:00 AM Eastern Time (8:00 PM Shanghai time).Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares fell -0.76% in last trading session and ended the day on $2.60. HSOL return on equity ratio is recorded as -64.00% and its return on assets is -16.30%. Hanwha Solarone Co Ltd (NASDAQ:HSOL) yearly performance is 160.00%.
ReneSola Ltd.(NYSE:SOL) a leading brand and technology provider of solar photovoltaic products, announced it has appointed Mr. Daniel Lee as the Company’s chief financial officer, effective May 5, 2014.ReneSola Ltd. (ADR) (NYSE:SOL) shares moved down -1.45% in last trading session and was closed at $2.72, while trading in range of $2.63 – $2.74. ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -21.16%.
JinkoSolar Holding Co. Ltd. (NYSE:JKS) will supply 38.7-MW of photovoltaic (PV) modules to EDP Renewables, an Independent Power Producer (IPP) in the global renewable energy sector, for two solar facilities in San Bernadino County, Calif. JinkoSolar Holding Co., Ltd. (NYSE:JKS) weekly performance is -9.94%. On last trading day company shares ended up $26.90. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average (SMA50) is -11.27%. Analysts mean target price for the company is $44.33.
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