Solar Stocks Offset Pressure: First Solar (NASDAQ:FSLR), Sunedison Inc. (NYSE:SUNE), GT Advanced Technologies (NASDAQ:GTAT), Trina Solar Limited (NYSE:TSL)

First Solar, Inc. (NASDAQ: FSLR) will report financial results for the first quarter ended March 31, 2014, after the market closes on Tuesday, May 6, 2014. First Solar, Inc. (NASDAQ:FSLR) shares after opening at $66.48 moved to $66.83 on last trade day and at the end of the day closed at $66.28. Company price to sales ratio in past twelve months was calculated as 2.00 and price to cash ratio as 3.76. First Solar, Inc. (NASDAQ:FSLR) showed a negative weekly performance of -6.81%.

SunEdison (NYSE:SUNE), a leading solar technology manufacturer and provider of solar energy services announced that it has closed on construction financing underwritten by Deutsche Bank Securities Inc. The funds will be used to construct the 60 MW (megawatt) AC (alternating current) Regulus solar power plant located in Kern County. Sunedison Inc. (NYSE:SUNE) shares advanced 2.60% in last trading session and ended the day on $19.31. SUNE return on equity ratio is recorded as -157.90% and its return on assets is -11.10%. Sunedison Inc. (NYSE:SUNE) yearly performance is 262.97%.

GT Advanced Technologies Inc. (NASDAQ:GTAT), announced that the company will release its financial results for the quarter ended March 29, 2014 after the market closes on NASDAQ on Wednesday, May 7, 2014. Management will conduct an investment community conference call the following day on Thursday, May 8, 2014, at 8:00am ET. GT Advanced Technologies Inc. (NASDAQ:GTAT) shares moved up 1.09% in last trading session and was closed at $15.76, while trading in range of $15.23 – $15.86. GT Advanced Technologies Inc. (NASDAQ:GTAT) year to date (YTD) performance is 80.73%.

Trina Solar Limited (NYSE:TSL) a global leader in photovoltaic (“PV”) modules, solutions, and services, on 24 April announced it has signed an agreement to supply 36MW of high efficiency TSM-PC14 modules to a large-scale PV project in Chile. Trina Solar Limited (ADR) (NYSE:TSL) weekly performance is -13.16%. On last trading day company shares ended up $11.28. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is -21.44%. Analysts mean target price for the company is $20.02.

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