Solar Stocks to Watch – Yingli Green Energy (NYSE:YGE), LDK Solar, Trina Solar (NYSE:TSL), Suntech Power Holdings (NYSE:STP)

Stock of the dayThe largest Chinese solar-panel maker, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has agreed to supply photovoltaic modules of 220 megawatts to China Power Investment Corp. for its five power projects, as reported by Bloomberg.

The photovoltaic modules set to be delivered this year and used in solar farms CPI is developing in Qinghai and Hebei provinces, but the terms of the deal by China-based Yingli weren’t disclosed.

China’s solar stocks including Trina Solar Limited (ADR) (NYSE:TSL), LDK Solar Co., Ltd (ADR) (NYSE:LDK), Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) started the day on the back foot after the European Union said it would impose levy to combat the panel manufacturers selling their panels at low cost.

It is expected that the European Commission to introduce the duties to punish Chinese solar manufacturers by June 6 for selling panels in the 27-nation EU below cost, a renowned practice called as dumping, the official said yesterday on the condition of anonymity.

The levies will effect more than 100 Chinese companies and the ongoing probe is due to close by early December, by which time the European Union governments must decide whether to impose anti-dumping duties for five years.

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) in last trading session end up at $2.17 by falling -1.36% with the average volume of 2.33M million shares.  In afterhours trading YGE stock fell -0.92%.

The stock price saw week’s volatility of 6.93% and month’s volatility is 8.96%, while the stock price of the company is moving down from its 20 days moving average with -2.25% and isolated positively from 50 days moving average with -2.05%.

Looking at Analytic Ratios; the price to sales ratio of YGE in past twelve months was calculated as 0.18 and price to cash ratio as 0.69. Company return on equity ratio is recorded as -81.59% and its return on assets is -11.68%, and return on investment is -25.55%.

Trina Solar Limited (ADR) (NYSE:TSL) in last trading session end up at $4.79 by rising 1.48% with the average volume of 2.56 million shares.

TSL stock price saw week’s volatility of 6.40% and month’s volatility is 7.14%, while the stock price of the company is moving up from its 20 days moving average with 6.47% and isolated positively from 50 days moving average with 15.15%.

Looking at Analytic Ratios; the price to sales ratio of TSL in past twelve months was calculated as 0.29 and price to cash ratio as 0.47. Company return on equity ratio is recorded as -26.30% and its return on assets is -9.28%, and return on investment is -16.38%.

LDK Solar Co., Ltd (ADR) (NYSE:LDK) in last trading session end up at $1.19  by falling -0.83% with the average volume of 1.28 million shares.

LDK Solar Co., Ltd stock price saw week’s volatility of 7.67% and month’s volatility is 9.97%, while the stock price of the company is moving down from its 20 days moving average with -1.65% and isolated negatively from 50 days moving average with -7.12%.

Looking at Analytic Ratios; the price to sales ratio of LDK in past twelve months was calculated as 0.13 and price to cash ratio as 1.35. Company return on equity ratio is recorded as -190.19% and its return on assets is -16.37%, and return on investment is -53.72%.

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