Trina Solar Limited Sponsored A (NYSE:TSL):
Trina Solar Announces New World Record of 19.86% Aperture Efficiency for “Honey Plus” Multicrystalline Silicon Solar Module.
In the market the company is trading down by -0.05% since yesterday’s close of $10.335.
Company shares last traded at $10.33 which is just under $10.37, the 50 day moving average and just a bit higher than the 200 day moving average of $9.33. The 50 day moving average went down $-0.04 or -0.39% whereas the 200 day average was up by +10.67%.
The P/E ratio is 11.98 and market capitalization is 877.35M. As of the last earnings report the EPS was $0.86 and is projected to be $1.01 for the current year with 84,932,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.07 and the next full year EPS is projected to be $0.33.
Several investment analysts have weighed in on Trina Solar Limited Sponsored A of late. On October 6 the company was upgraded from “” to “Buy” with a current price target of $15.00 in a report issued by Axiom Capial. On July 15 the company was set at “Market Perform” according to a Cowen & Company report which is down from the previous “” rating.
On June 3 the stock rating was downgraded to “Hold” from “” and a price target of $9.00 was set by analysts at Roth Capital. On May 27 the company was downgraded to “Hold” from “Buy” by Deutsche Bank.
On January 25, 2016 the stock rating was rated “Equal-weight” in a report from Morgan Stanley down from the previous “Overweight” rating. Equity analyst Morgan Stanley both upgraded the stock and lowered the price target on November 10 changing the price objective from $12.60 to $11.70 and changing the rating from “Equal-weight” to “Overweight”.