The gross profit margin for Hanwha Solarone Co Ltd (NASDAQ:HSOL) is rather low; currently it is at 22.30%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, HSOL’s net profit margin of -2.57% significantly underperformed when compared to the industry average. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares after opening at $2.77 moved to $2.77 on last trade day and at the end of the day closed at $2.60. Company price to sales ratio in past twelve months was calculated as 0.38 and price to cash ratio as 1.53. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -2.99%.
ReneSola Ltd. (NYSE:SOL) a leading brand and technology provider of solar photovoltaic products, announced it has appointed Mr. Daniel Lee as the Company’s chief financial officer, effective May 5, 2014. ReneSola Ltd. (ADR) (NYSE:SOL) shares fell -6.06% in last trading session and ended the day on $2.79. SOL return on equity ratio is recorded as -106.30% and its return on assets is -11.40%. ReneSola Ltd. (ADR) (NYSE:SOL) yearly performance is 63.16%.
Solar panels maker China Sunergy Co Ltd (NASDAQ:CSUN) reported a smaller loss for the fourth quarter, helped by higher shipments to China and Japan. Net loss attributable to shareholders narrowed to $13.2 million, or 89 cents per American Depository Share (ADS) in the quarter ended Dec. 31, from $70.5 million, or $5.27 per ADS, a year earlier. China Sunergy Co Ltd (NASDAQ:CSUN) shares moved down -8.15% in last trading session and was closed at $3.38, while trading in range of $3.30 – $3.73. China Sunergy Co Ltd (NASDAQ:CSUN) year to date (YTD) performance is -43.95%.
SunPower Corporation (NASDAQ:SPWR) celebrated the installation of 1.2 megawatts of high efficiency power system at five district schools in Watsonville, Calif. PVUSD expects that the installation will result in offsetting approximately 74% of the electricity usage across all the five schools where the solar power systems are installed. SunPower Corporation (NASDAQ:SPWR) weekly performance is 20.86%. On last trading day company shares ended up $33.26. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is 3.99%. Analysts mean target price for the company is $36.89.