JinkoSolar Holding Co., Ltd. (NYSE:JKS) also seems to be in a strong position with multiple contracts and agreements. The company signed an agreement with PROINSO India for distributing its solar PV modules across India. This agreement comes after the announcement of JinkoSolar signing a $39 million loan agreement with China Development Bank. The deal was to finance two PV solar projects in Xinjiang and Gansu Provinces in China. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 2.70% and weekly performance is 8.62%. On last trading day company shares ended up $25.08. Analysts mean target price for the company is $44.33. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average (SMA50) is -10.38%.
Shares of Frontline Ltd (NYSE:FRO) closed lower -16.08% on Tuesday afternoon following the Bermuda-based shipping company’s 2014 first quarter earnings results. Frontline reported a net loss of -$12.1 million, or 13 cents per share, compared to the previous year’s net loss of -$18.8 million, or 24 cents per share. Frontline Ltd (NYSE:FRO) shares fell -16.43% in last trading session and ended the day on $2.39. FRO gross Margin is 21.40% and its return on assets is -12.90%.Frontline Ltd (NYSE:FRO) quarterly performance is -43.10%.
Canadian Solar Inc. (NASDAQ:CSIQ) one of the world’s largest solar power companies, announced that it has entered into an agreement with GCL-Poly Solar System Integration Co., Ltd., a subsidiary of GCL-Poly Energy Holdings Limited to establish a joint venture to build a manufacturing site to produce crystalline silicon solar cells in Funing, Jiangsu Province, China. Under the terms of the agreement, Canadian Solar will own 80% and GCL will own 20% of the equity in the Joint Venture. Canadian Solar Inc. (NASDAQ:CSIQ) shares moved up 5.08% in last trading session and was closed at $25.43, while trading in range of $23.72 – $25.70. Canadian Solar Inc. (NASDAQ:CSIQ) year to date (YTD) performance is -14.72%.
Trina Solar Limited (NYSE:TSL)‘s stock had its “sector perform” rating reiterated by stock analysts at RBC Capital in a report issued on Thursday. They currently have a $15.00 target price on the stock, down from their previous target price of $18.00. RBC Capital’s price objective indicates a potential upside of 16.55% from the company’s current price. Trina Solar Limited (ADR) (NYSE:TSL) ended the last trading day at $12.90. Company weekly volatility is calculated as 8.57% and price to cash ratio as 1.89.Trina Solar Limited (ADR) (NYSE:TSL) showed a positive weekly performance of 21.01%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) believes that if it has to achieve its ambition of providing energy to all at an affordable price, then it is necessary for technological advancement, which will play a key role in cutting down the costs. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -14.50% and weekly performance is 11.67%. On last trading day company shares ended up $3.35. 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 -15.21%.