First Solar Inc (NASDAQ:FSLR) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 8,748,498 shares, a decrease of 14.4% from the April 15th total of 10,214,700 shares, American Banking Newsreports. Currently, 12.1% of the company’s stock are sold short. Based on an average trading volume of 2,793,987 shares, the short-interest ratio is currently 3.1 days. First Solar, Inc. (NASDAQ:FSLR) net profit margin is 11.60% and weekly performance is -6.27%. On last trading day company shares ended up $59.83. Analysts mean target price for the company is $65.21. First Solar, Inc. (NASDAQ:FSLR) distance from 50-day simple moving average (SMA50) is -9.25%.
SunPower Corporation (NASDAQ:SPWR) Director Catherine A. Lesjak sold 2,198 shares of the stock on the open market in a transaction dated Thursday, May 15th. The stock was sold at an average price of $32.73, for a total transaction of $71,940.54. SunPower Corporation (NASDAQ:SPWR) shares advanced 1.42% in last trading session and ended the day on $32.21. Gross Margin is 23.20% and its return on assets is 5.70%. SunPower Corporation (NASDAQ:SPWR) quarterly performance is -4.99%.
Trina Solar Limited (ADR) (NYSE:TSL) a global leader in photovoltaic (“PV”) modules, solutions, and services, announced it will host a conference call on Wednesday, May 21, 2014 at 8:00 a.m. U.S. Eastern Standard Time to discuss results for the first quarter 2014. Trina Solar Limited (ADR) (NYSE:TSL) shares moved up 1.14% in last trading session and was closed at $10.66, while trading in range of $10.48 – $10.88. Trina Solar Limited (ADR) (NYSE:TSL) year to date (YTD) performance is -22.02%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that it will provide engineering, procurement and construction services to the Electricity Generating Authority of Thailand (EGAT) for a 5 MW solar power plant in Thailand as a member of a four-party Consortium (“Consortium”). The newly formed Consortium is composed of Yingli Energy (Beijing) Co., Ltd., the Company’s holding subsidiary; HYDROCHINA International Engineering Co., Ltd., a subsidiary of the Power Construction Corporation of China (POWERCHINA); Hebei Electric Power Design & Research Institute; and Thailand’s Wattanasuk Engineering Co., Ltd. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) ended the last trading day at $3.00. Company weekly volatility is calculated as 5.40% and price to cash ratio as 3.07. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) showed a negative weekly performance of -3.23%.
Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) announced that the administrator of Suntech Power International Ltd. (“SPI”), the Company’s principal operating subsidiary in Europe, has called for a meeting of the creditors of SPI on June 10, 2014 to consider a proposed dividend agreement to resolve the claims of SPI’s creditors. Under Swiss law, such agreement would be approved if either the majority of creditors by number represent two-thirds of the claim amounts or one-fourth of creditors by number representing at least three-fourths of the claim amounts consent to such agreement. In the event SPI’s creditors approve the agreement, such agreement is also subject to final approval by the court in Schaffhausen, Switzerland. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) On last trading day company shares ended up $0.307.
Leave a Reply