SolarCity Corp (NASDAQ:SCTY) EVP Seth R. Weissman sold 7,000 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $48.85, for a total transaction of $341,950.00. Following the sale, the executive vice president now directly owns 158,777 shares of the company’s stock, valued at approximately $7,756,256. SolarCity Corp (NASDAQ:SCTY) net profit margin is -24.70% and weekly performance is -9.27%. On last trading day company shares ended up $49.32. Analysts mean target price for the company is $74.89. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -16.57%.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) a leading manufacturer of high-performance solar power products, announced that it will hold its annual general meeting of shareholders (“AGM”) on Monday, June 30, 2014, at 10:30 a.m., Beijing Time, at its headquarters at No. 36, Jiang Chang San Road, Zhabei, Shanghai, the People’s Republic of China. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares advanced 5.18% in last trading session and ended the day on $9.75. Gross Margin is 10.60 % and its return on assets is -6.70%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) quarterly performance is -6.07%.
Shares of JinkoSolar Holding Co. (NYSE:JKS) have earned a consensus rating of “Buy” from the eight analysts that are presently covering the stock, American Banking & Market News reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares moved up 10.42% in last trading session and was closed at $24.70, while trading in range of $22.82 – $24.80. JinkoSolar Holding Co., Ltd. (NYSE:JKS) year to date (YTD) performance is -15.70%.
Microsemi Corporation (NASDAQ:MSCC) a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, introduced its new silicon carbide (SiC) MOSFET product family with new 1200 volt (V) solutions. The innovative new SiC MOSFETs are designed for high-power industrial applications where efficiency is critical. These applications include solutions for solar inverters, electric vehicles, welding and medical devices. Microsemi Corporation (NASDAQ:MSCC) ended the last trading day at $23.53. Company weekly volatility is calculated as 3.61% and price to cash ratio as 10.89. Microsemi Corporation (NASDAQ:MSCC) showed a positive weekly performance of 0.30%.
Struggling wafer manufacturer LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) has agreed an 850MW wafer supply deal with Taiwanese cell manufacturer Gintech. LDK released a statement with its joint provisional liquidators to confirm the details of the deal, which will commence this month and run until March 2018. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) On last trading day company shares ended up $0.420 .