Canadian Solar (NASDAQ:CSIQ) saw a significant growth in short interest in January. As of March 14th, there was short interest totalling 4,359,021 shares, a growth of 58.0% from the February 28th total of 2,759,146 shares, American Banking News.com reports. Based on an average daily volume of 6,419,740 shares, the short-interest ratio is currently 0.7 days. Currently, 10.9% of the company’s stock are sold short. Canadian Solar Inc. (NASDAQ:CSIQ) shares after opening at $33.72 moved to $34.38 on last trade day and at the end of the day closed at $32.41. Company price to sales ratio in past twelve months was calculated as 1.05 and price to cash ratio as 7.64. Canadian Solar Inc. (NASDAQ:CSIQ) showed a positive weekly performance of 6.33%.
A number of analysts have recently weighed in on SolarCity Corp (NASDAQ:SCTY) shares. Analysts at Raymond James upgraded shares of SolarCity Corp from a “market perform” rating to an “outperform” rating in a research note on Friday, March 28th. They now have a $75.00 price target on the stock, up previously from $60.74. Separately, analysts at Goldman Sachs cut their price target on shares of SolarCity Corp from $88.00 to $85.00 in a research note on Wednesday, March 19th. Finally, analysts at Robert W. Baird cut their price target on shares of SolarCity Corp from $81.00 to $75.00 in a research note on Wednesday, March 19th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. SolarCity Corp presently has a consensus rating of “Buy” and a consensus price target of $76.00. SolarCity Corp (NASDAQ:SCTY) shares fell -5.10% in last trading session and ended the day on $60.50. SCTY return on equity ratio is recorded as -29.00% and its return on assets is -4.00%. SolarCity Corp (NASDAQ:SCTY) yearly performance is 229.70%.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) joined Chinese siblings in reporting inferior performance in the first quarter compared to the U.S. solar companies which generally had a rewarding first quarter. However, the company is trying out a rebound as demand for residential solar panels increase and prices stabilize. The company is also enjoying expanding market network and reliable distribution channels. Thus, JinkoSolar Holding Co., Ltd. (NYSE:JKS) believes that further gains are possible on the basis of its existing strengths and efforts.JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares moved down -3.66% in last trading session and was closed at $30.83, while trading in range of $30.45-$32.92. JinkoSolar Holding Co., Ltd. (NYSE:JKS) year to date performance is 5.22%.
Equities researchers at Northland Securities began coverage on shares of JA Solar Holdings Co. (NASDAQ:JASO) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $19.00 price target on the stock. Northland Securities’ price target points to a potential upside of 71.33% from the stock’s previous close.JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) weekly performance is 7.29%. On last trading day company shares ended up $10.60. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) distance from 50-day simple moving average is 4.02%. Analysts mean target price for the company is $12.40.