Tag: Hanwha Solarone Co Ltd

  • Solar Stock Are Loosing Luster; JinkoSolar Holding Co., Ltd. (NYSE:JKS), China Sunergy Co Ltd (NASDAQ:CSUN), First Solar (NASDAQ:FSLR), Hanwha Solarone Co Ltd (NASDAQ:HSOL)

    JinkoSolar Holding Co. Ltd. (NYSE:JKS) has reaffirmed its guidance for the first quarter and full year 2014, expecting 440–470 MW of solar photovoltaic (PV) module shipments in the first quarter and 2.3–2.5 GW over the full year. The company also expects to develop more than 400 MW of projects during 2014. JinkoSolar will release first quarter 2014 financial results on May 27th. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 2.70% and weekly performance is -6.62%. On last trading day company shares ended up $25.54. 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 -14.71%.

    China Sunergy Co., Ltd. (NASDAQ:CSUN) a specialized solar cell and module manufacturer, announced that its annual report on Form 20-F for the year ended December 31, 2013 has been filed with the Securities and Exchange Commission, including its audited financial statements for the 2013 fiscal year. The annual report on Form 20-F can be accessed via the investor relations section on the Company’s website at: http://www.csun-solar.com. China Sunergy Co Ltd (NASDAQ:CSUN) shares fell -2.55% in last trading session and ended the day on $2.67. CSUN Gross Margin is 2.70% and its return on assets is -13.10%. China Sunergy Co Ltd (NASDAQ:CSUN) quarterly performance is -44.61%.

    First Solar, Inc. (Nasdaq:FSLR) announced financial results for the first quarter of 2014. Net sales were $950 million in the quarter, an increase of $182 million from the fourth quarter of 2013. The sequential increase in net sales is primarily attributable to achieving revenue recognition on our Campo Verde project. First Solar, Inc. (NASDAQ:FSLR) shares moved down -0.22% in last trading session and was closed at $63.43, while trading in range of $62.59 – $66.92 -. First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 16.09%.

    Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, announced that it will release its unaudited financial results for the first quarter 2014 before the market opens on Wednesday, May 14, 2014. On the same day, management will host a conference call to discuss the results at 8:00 AM Eastern Time (8:00 PM Shanghai time). Hanwha Solarone Co Ltd (NASDAQ:HSOL) ended the last trading day at $2.53. Company weekly volatility is calculated as 6.20% and price to cash ratio as 1.50. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -5.24%.