Solar Stocks: Suntech Power Holdings (OTCMKTS:STPFQ), SunPower (NASDAQ:SPWR), ReneSola (NYSE:SOL), Yingli Green Energy (NYSE:YGE)

Posted by on Apr 14, 2014

Suntech Power Holdings Ltd. (ADR) (OTCMKTS:STPFQ) liquidators have brokered a deal with Wuxi Suntech, operated by Shunfeng for former owner to act as intermediaries for the sale of modules in the US and Europe. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) shares after opening at $0.33 moved to $0.35 on last trade day and at the end of the day closed at $0.340.

SunPower (NASDAQ:SPWR) will be the first to report earnings on April 24 and it’ll be key to watch what it says about prices and demand. SunPower Corporation (NASDAQ:SPWR) shares fell -5.10% in last trading session and ended the day on $26.61. SPWR return on equity ratio is recorded as 9.40% and its return on assets is 2.60%.  SunPower Corporation (NASDAQ:SPWR) yearly performance is 140.60%.

ReneSola Ltd (ADR) (NYSE:SOL) a leading brand and technology provider of solar photovoltaic products, announced it has been awarded a “TOP BRAND PV” seal in the union of states of Belgium, the Netherlands, and Luxembourg (“Benelux”) by EuPD Research, the leading market intelligence company in the sustainable business sector and an independent brand management appraiser of module manufacturers in Germany, Italy, the United Kingdom, Benelux, and France. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved down -2.57% in last trading session and was closed at $3.03 while trading in range of $3.00 – $3.18 – ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -12.17%.

Yingli Green Energy Holding Company Limited (NYSE:YGE),  announced the commencement of construction of its two ground-mounted PV plants in Hebei Province. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) weekly performance is -13.00%. On last trading day company shares ended up $3.88.  Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -29.55%. Analysts mean target price for the company is $6.00.

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