Tag: Canadian Solar Inc.

  • Solar Stocks Went Down After New Duties: Yingli Green Energy (NYSE:YGE), Trina Solar (NYSE:TSL), Canadian Solar (NASDAQ:CSIQ), JA Solar (NASDAQ:JASO), ReneSola (NYSE:SOL)

    Yingli Green Energy Holding Company Limited (ADR) (NYSE:YGE) the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, known as “Yingli Solar,” scored third rank in Huawei’s recently launched study* in which Yingli Solar (17%) came out as the most popular Chinese-origin brand after Lenovo (30%) and Huawei (21%). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -14.50% and weekly performance is -17.01 %. On last trading day company shares ended up $2.83. Analysts mean target price for the company is $5.88. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -23.54%.

    Trina Solar Limited (ADR) (NYSE:TSL) notes the preliminary findings on June 3, 2014 by the U.S. Department of Commerce relating to the countervailing duty investigation concerning imports into the U.S. of certain crystalline silicon solar finished products and components from China. Trina Solar is one of the China-based suppliers of these products to the U.S. Trina Solar Limited (ADR) (NYSE:TSL) shares fell -4.47% in last trading session and ended the day on $12.39. Gross Margin is 12.30% and its return on assets is -2.70%. Trina Solar Limited (ADR) (NYSE:TSL) quarterly performance is -23.99%.

    On June 2, 2014 Canadian Solar Inc. (NASDAQ:CSIQ) one of the world’s largest solar power companies, announced that it is scheduled to attend Nomura Investment Forum Asia 2014 on Wednesday, June 4, 2014 to Thursday, June 5, 2014 at the Ritz Carlton Millenia Singapore Hotel in Singapore. Canadian Solar Inc. (NASDAQ:CSIQ) shares moved down -5.98% in last trading session and was closed at $23.59, while trading in range of $23.10 – $24.50. Canadian Solar Inc. (NASDAQ:CSIQ) year to date (YTD) performance is -20.89%.

    On June 2, Trade-Ideas LLC identified JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) as a “dead cat bounce” (down big yesterday) candidate. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) ended the last trading day at $9.67. Company weekly volatility is calculated as 5.50 % and price to cash ratio as 1.37. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) showed a negative weekly performance of -2.03%.

    ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic products, announced that it has finalized an order to deliver nearly 20,000 of its high efficiency Virtus II PV modules to GeoPeak Energy, a leading solar developer and EPC. ReneSola Ltd. (ADR) (NYSE:SOL) net profit margin is -17.10% and weekly performance is -17.78 %. On last trading day company shares ended up $ 2.22. Analysts mean target price for the company is $3.00. ReneSola Ltd. (ADR) (NYSE:SOL) distance from 50-day simple moving average (SMA50) is -23.32%.