Trina Solar Limited (ADR) (NYSE:TSL) on Mar. 25 announced that all solar PV cells produced by the Company have achieved anti-PID (Potential-Induced Degradation) ability following the optimization of the Company’s manufacturing technology. From April 2014, all Trina Solar modules using the Company’s self-produced cells will conform to IEC62804 Ed.1.0 (82/685/NP) standards, a system voltage durability testing standard (commonly known as the PID Test). Trina Solar will also be able to produce modules to meet stricter PID testing criteria based on customers’ needs. Additionally, the Company’s PV modules, which use anti-PID solar PV cells, have been successfully certified by TUV SUD. Trina Solar Limited (ADR) (NYSE:TSL) shares after opening at $13.62 moved to $13.51 on last trade day and at the end of the day closed at $13.60. Company price to sales ratio in past twelve months was calculated as 0.74 and price to cash ratio as 2.55. Trina Solar Limited (ADR) (NYSE:TSL) showed a negative weekly performance of 1.40%.
Shares of Lions Gate Entertainment Corp. (USA) (NYSE:LGF) saw some unusual options trading activity on Wednesday. Traders purchased 12,333 call options on the stock, Analyst RN reports. This is an increase of approximately 184% compared to the typical daily volume of 4,335 call options. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) shares advanced 5.61% in last trading session and ended the day on $28.23. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) return on equity ratio is recorded as 63.30% and its return on assets is 9.60%. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) yearly performance is 22.58%.
JinkoSolar Holding Co. Ltd. (NYSE:JKS) makes a fascinating case study to witness a very cheap stock that Mr. Market is willing to sell for no apparent reason, for almost nothing. You just don’t stumble upon a deal like JKS very often. In this article, I’ll go through the factors that make JinkoSolar one of the best solar companies in the world, and position it to explode in the very near future. Comparing the fundamentals to the ADR price reveals a very distorted valuation picture. JinkoSolar Holding Co. Ltd. (NYSE:JKS) shares moved up 11.77% in last trading session and was closed at $31.24, while trading in range of $ 28.22 – 31.44. JinkoSolar Holding Co., Ltd. (NYSE:JKS) year to date (YTD) performance is 6.62%.
58.com Inc (ADR) (NYSE:WUBA) announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company and certain selling shareholders was priced at US$38.00 per ADS. The Company will issue and sell 2,000,000 ADSs and the selling shareholders will sell an aggregate of 4,000,000 ADSs. Each ADS represents two Class A ordinary shares of the Company. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an aggregate of 900,000 additional ADSs. 58.com Inc (ADR) (NYSE:WUBA) weekly performance is 7.09%. On last trading day company shares ended up $46.80. 58.com Inc (ADR) (NYSE:WUBA) distance from 50-day simple moving average (SMA50) is 10.28%. Analysts mean target Price for the company is $49.90.