Suntech Power Holding Co. Ltd. (OTCMKTS:STPFQ) has entered into agreements with former subsidiary Wuxi Suntech (Wuxi, China) for the distribution and after-sales support of its solar photovoltaic (PV) products in Europe and the United States. The after-sales service agreements will last for one year. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) shares after opening at $0.34 moved to $0.35 on last trade day and at the end of the day closed at $0.338.
Shares of Trina Solar Limited (NYSE:TSL) are down on Monday after the company lowered its projection for Q1 solar-module shipments. Trina Solar Limited (ADR) (NYSE:TSL) shares fell -6.14% in last trading session and ended the day on $10.85. TSL return on equity ratio is recorded as -20.30% and its return on assets is -6.30%. Trina Solar Limited (ADR) (NYSE:TSL) yearly performance is 180.36%.
One stock that might be an intriguing choice for investors right now is ReneSola Ltd. (NYSE:SOL). This is because this security in the Solar space is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved down -4.29% in last trading session and was closed at $2.90, while trading in range of $2.83 – $3.08. ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -15.94%.
SunPower (NASDAQ:SPWR)‘s stock had its “buy” rating restated by equities research analysts at Cowen and Company in a research note issued to investors on Monday, ARN reports. SunPower Corporation (NASDAQ:SPWR) weekly performance is -11.74%. On last trading day company shares ended up $26.53. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is -17.77%. Analysts mean target price for the company is $34.31.