Tag: Real Goods Solar

  • Whats Hurting Solar Stocks: Hanwha Solarone (NASDAQ:HSOL), JA Solar Holdings (NASDAQ:JASO), China Sunergy (NASDAQ:CSUN), Real Goods Solar (NASDAQ:RGSE)

    Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) a global photovoltaic manufacturer of high-quality, cost-competitive solar modules, showcased its new special-application solar modules at the Intersolar Europe. The new modules – on display at the Hanwha Solar stand A2.260 in Hall A2 – are designed for special applications, customer groups and climates. Compared with universal modules, this customisation adds value for specific solar projects. Hanwha Solarone Co Ltd (NASDAQ:HSOL) net profit margin is -35.70%. On last trading day company shares ended up $2.22. Analysts mean target price for the company is $5.00. Hanwha Solarone Co Ltd (NASDAQ:HSOL) distance from 50-day simple moving average (SMA50) is -13.95%.

    JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) was downgraded by TheStreet from a “hold” rating to a “sell” rating in a research note issued on Wednesday. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares fell -0.26% in last trading session and ended the day on $9.59. Gross Margin is 12.30% and its return on assets is -1.00%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) quarterly performance is -9.75%.

    China Sunergy Co., Ltd. (NASDAQ:CSUN), a specialized solar cell and module manufacturer, announced that it has signed a 50 MW framework agreement with KosiFrankensolar for their Turkish projects. The two companies have already started to explore the Turkish market together. “Now our partnership has reached a new level,” states Bulent Yildiz, General Manager of KosiFrankensolar in Istanbul. “We appreciate China Sunergy’s close cooperation with us and their commitment to local production.” China Sunergy Co Ltd (NASDAQ:CSUN) shares moved down -1.74 % in last trading session and was closed at $2.83, while trading in range of $2.76 – $2.92. China Sunergy Co Ltd (NASDAQ:CSUN) year to date (YTD) performance is -53.07%.

    On June 6, 2014, Real Goods Solar, Inc.’s (NASDAQ:RGSE) wholly-owned subsidiaries Real Goods Energy Tech, Inc., Real Goods Trading Corporation, Alteris Renewables, Inc., Real Goods Syndicated, Inc., Mercury Energy, Inc., Real Goods Solar, Inc.-Mercury Solar, Elemental Energy, LLC and Sunetric Management LLC (collectively, the “Borrowers”) entered into a Joinder and Sixth Loan Modification Agreement (the “Loan Agreement Amendment”) with Silicon Valley Bank (“SVB”) pursuant to which the parties thereto agreed to certain amendments to the Loan and Security Agreement, dated as of December 19, 2011, as amended (the “Loan Agreement”), and Mercury Energy, Inc., Real Goods Solar, Inc.-Mercury Solar, Elemental Energy, LLC and Sunetric Management LLC (collectively, the “New Borrowers”) each joined as a party to the Loan Agreement and granted a security interest in substantially all its assets to SVB. Real Goods Solar, Inc. (NASDAQ:RGSE) ended the last trading day at $2.23. Company weekly volatility is calculated as 5.66% and price to cash ratio as 9.04. Real Goods Solar, Inc. (NASDAQ:RGSE) showed a negative weekly performance of -5.91%.