| Trina Solar (TSL) in Focus: Stock Moves Up 11.6% in Session | |
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Trina Solar Limited TSL was a big mover last session, as the company saw its shares roughly 12% on the day. Shares moved up on the news that the company could become private. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.11 to $10.54 over the past one-month time frame.
This solar firm witnessed two positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Trina Solar. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Trina Solar has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is JA Solar Holdings Co., Ltd. JASO, sporting a Zacks Rank #1 (Strong Buy).
Is TSL going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JA SOLAR HOLDGS (JASO): Free Stock Analysis Report TRINA SOLAR LTD (TSL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Trina Solar Ltd.
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CODE : TSL |
ISIN : US89628E1047 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Trina Solar is based in China. Trina Solar is listed in United States of America. Its market capitalisation is US$ 3.0 billions as of today (€ 2.8 billions). Its stock quote reached its highest recent level on April 22, 2016 at US$ 9.99, and its lowest recent point on January 16, 2018 at US$ 0.01. Trina Solar has 449 180 000 shares outstanding. |