First Solar, Inc. (NASDAQ:FSLR), has reached an agreement to buy skytron-energy, a subsidiary of AEG Power Solutions. This acquisition is a strategic step by the company to capitalize on the growing opportunities in the European solar market. First Solar, Inc. (NASDAQ:FSLR), net profit margin is 11.60% and weekly performance is 5.69%. On last trading day company shares ended up $65.39. Analysts mean target price for the company is $65.87. First Solar, Inc. (NASDAQ:FSLR), distance from 50-day simple moving average (SMA50) is -1.46%.
SunPower Corporation (NASDAQ:SPWR), plans to sell the majority of a $400 million debt offering to a unit of Total SA, the largest shareholder (SPWR:US) in the solar manufacturer. SunPower Corporation (NASDAQ:SPWR), advanced 7.00% in last trading session and ended the day on $34.25. SPWR, Gross Margin is 23.20% and its return on assets is 5.70%. SunPower Corporation (NASDAQ:SPWR), quarterly performance is -3.14%.
Canadian Solar Inc. (NASDAQ:CSIQ)’s shares dropped 6.34% to $23.51. The company on May 27 announced that it has entered into an agreement (the “JV Agreement) with GCL-Poly Solar System Integration (China) Co., Ltd., a subsidiary of GCL-Poly Energy Holdings Limited (“GCL”, stock code: 3800.HK) to establish a joint venture (the “Joint Venture”) to build a manufacturing site to produce crystalline silicon solar cells in Funing, Jiangsu Province, China. 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%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), announced it plans to release its unaudited financial results for the quarter ended March 31, 2014, before the U.S. market opens on Tuesday, June 17, 2014. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), ended the last trading day at $2.83. Company weekly volatility is calculated as 7.59% and price to cash ratio as 2.90. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), showed a negative weekly performance of 17.01%.
The century old one of the noted energy industry, SolarCity Corp (NASDAQ:SCTY), provides clean and green energy to various business, families as well as government organizations. The company at the same time helps the customers to check their electric invoices. SolarCity announced to have entered into online deal with Groupon, offering sustainable solar power. SolarCity Corp (NASDAQ:SCTY), net profit margin is -24.70% and weekly performance is -6.39%. On last trading day company shares ended up $48.66. Analysts mean target price for the company is $74.89. SolarCity Corp (NASDAQ:SCTY), distance from 50-day simple moving average (SMA50) is -11.96%.