Why Solar Stocks Retreated: JA Solar Holdings (ADR) (NASDAQ:JASO), Yingli Green Energy (NYSE:YGE), ReneSola (ADR) (NYSE:SOL), Hanwha Solarone (NASDAQ:HSOL), JinkoSolar Holding (NYSE:JKS)

Analysts at TheStreet upgraded shares of JA Solar Holdings Co., Ltd. from a “sell” rating to a “hold” rating in a research note on Monday, April 28th. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) net profit margin is -11.40% and weekly performance is 0.61%. On last trading day company shares ended up $9.95. Analysts mean target price for the company is $15.00. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) distance from 50-day simple moving average is -1.82%.

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) of China is the largest solar-panel manufacturer in the world and & it just might be able to return to profitability in the Q4 as it now looks to build the company’s presence in the Middle East. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares fell -3.70% in last trading session and ended the day on $3.38. YGE Gross Margin is 10.90% and its return on assets is -6.90%. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) quarterly performance is -45.31%.

ReneSola Ltd. (ADR) (NYSE:SOL), one of the chief worldwide manufacturers of high efficiency wafers and solar PV modules announced its economic facts and figures for the first quarter of 2014. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved down -7.64% in last trading session and was closed at $2.54, while trading in range of $2.51-$2.71. ReneSola Ltd. (ADR) (NYSE:SOL) year to date performance is -26.38%.

Hanwha SolarOne Co. Ltd. (Shanghai) has completed construction of a 31 MW solar photovoltaic (PV) project located on multiple rooftop sites in Southern China’s Guangdong Province. Hanwha Solarone Co Ltd (NASDAQ:HSOL) ended the last trading day at $2.48. Company weekly volatility is calculated as 5.51% and price to cash ratio as 1.46. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a positive weekly performance of 4.64%.

On May 28, 2014 JinkoSolar Holding Co., Ltd. (NYSE:JKS) reported financial results for the first quarter of its fiscal 2014 (1QFY14) before markets opened. The stock was down 3.8% in initial hours in New York, because the Chinese solar company missed earnings estimates for the quarter and provided weak guidance for total shipments for its current quarter. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 4.10% and weekly performance is 12.53%. On last trading day company shares ended up $28.03. Analysts mean target price for the company is $43.82. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average is 1.26%.

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