Trina Solar Limited (ADR) (NYSE:TSL) on Friday after slipping last week post-earnings fell but today in pre-market shares are gaining. The solar products maker’s gross margin widened, but FBR Capital Markets said that the jump was a one-time event that would be unsustainable. Trina Solar Limited (ADR) (NYSE:TSL) net profit margin is -4.10% and weekly performance is 6.55%. On last trading day company shares ended up $13.67. Analysts mean target price for the company is $19.22. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is 9.75%.
On May 31, SolarCity Corp (NASDAQ:SCTY), the solar photovoltaic installer has teamed up Groupon Inc (NASDAQ:GRPN) to offer online offers for rooftop solar market. This is the first online offer for solar systems in the rooftop solar market. According to the deal, customers need to pay $1 to Groupon to get $400 discount on solar installation. The offer is available in the 15 states where the company operates and it is available for a limited time. SolarCity Corp (NASDAQ:SCTY) shares fell -4.67% in last trading session and ended the day on $52.50. Gross Margin is 21.00% and its return on assets is -2.10%. SolarCity Corp (NASDAQ:SCTY) quarterly performance is -38.21%.
SunPower Corporation (NASDAQ:SPWR) a global solar technology and energy services company, and AE-AMD Renewable Energy, a joint venture between the Spanish AMDA energía and the South African Alt-E Technologies, as well as its partners have completed two South African ground-mounted solar projects and are now feeding 33 megawatts (MW) into the grid. Both projects, which were constructed by SunPower, are located near Douglas, South Africa in the Northern Cape Province. SunPower Corporation (NASDAQ:SPWR) shares moved down -1.91% in last trading session and was closed at $33.34, while trading in range of $32.50- $34.06. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is 11.84%.
On May 29, First Solar, Inc. (NASDAQ:FSLR) announced the launch of its modular AC Power Block™ solar power plant solution and its next generation First Solar Series 4™ thin film photovoltaic (PV) module. The company will showcase these and other solutions at Intersolar Europe in Munich, Germany from 4 to 6 June 2014. First Solar, Inc. (NASDAQ:FSLR) ended the last trading day at $61.78. Company weekly volatility is calculated as 2.95% and price to cash ratio as 4.48. First Solar, Inc. (NASDAQ:FSLR) showed a positive weekly performance of 1.90%.
Canadian Solar Inc. (NASDAQ:CSIQ) one of the world’s largest solar power companies, today 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) net profit margin is 2.10% and weekly performance is 5.06%. On last trading day company shares ended up $25.75. Analysts mean target price for the company is $42.29. Canadian Solar Inc. (NASDAQ:CSIQ) distance from 50-day simple moving average (SMA50) is -8.26%.