Tag: CSIQ

  • Solar Stocks in News: Yingli Green Energy (NYSE:YGE), Canadian Solar (NASDAQ:CSIQ), First Solar, (NASDAQ:FSLR), LDK Solar (OTCMKTS: LDKSY), Suntech Power (OTCMKTS: STPFQ)

    On 17 JUNE Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by $0.11. The company had revenue of $432.20 million for the quarter, compared to the consensus estimate of $464.04 million. During the same quarter last year, the company posted ($0.62) earnings per share. Yingli Green Energy Hold. Co.’s revenue was up .2% compared to the same quarter last year. On average, analysts predict that Yingli Green Energy Hold. Co. will post $-0.48 earnings per share for the current fiscal year. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -12.50% and weekly performance is -2.60%. On last trading day company shares ended up $3.74. Analysts mean target price for the company is $5.19. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is 10.78%.

    Canadian Solar Inc. (NASDAQ:CSIQ) announced that it has recently signed a sales contract to supply 12.6MW of photovoltaic (“PV”) modules to Kayseri Organized Industry Zone (KOIZ) and a consortium of companies in KOIZ, (BESLER Tekstil San. ve Tic. A.S and HASCELIK Group of companies- Hascelik Cable, Coreal Cable and Metal Matris) for a solar power project located in Kayseri, Turkey. Canadian Solar Inc. (NASDAQ:CSIQ) shares advanced 4.93% in last trading session and ended the day on $31.26. CSIQ Gross Margin is 17.20% and its return on assets is 1.60%. Canadian Solar Inc. (NASDAQ:CSIQ) quarterly performance is -2.43%.

    On 28 JUNE First Solar, Inc. (NASDAQ:FSLR) said it has received board approval from the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, and IFC, a member of the World Bank Group, for financing to support construction of the 141MW(ac) Luz del Norte solar power plant in Chile’s Atacama Desert. The OPIC board approved a loan of up to $230 million; the IFC board approved a $60 million loan. First Solar, Inc. (NASDAQ:FSLR) shares moved down -0.48% in last trading session and was closed at $71.06, while trading in range of $70.84 – $72.68. First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 30.05%.

    On 27 JUNE LDK Solar Co., Ltd (ADR) (OTCMKTS: LDKSY) provided an update on the on-going provisional liquidation of the Company as sanctioned by the Grand Court of the Cayman Islands (the “Cayman Court”) on February 27, 2014. LDK Solar Co., Ltd (ADR) (OTCMKTS: LDKSY) ended the last trading day at $0.560.

    Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS: STPFQ) on last trading day company shares ended up $0.371.