NEW YORK, August 10, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Canadian Solar Inc. (NASDAQ: CSIQ), Yingli Green Energy Holding Company Ltd (NYSE: YGE), Microchip Technology Inc. (NASDAQ: MCHP), JinkoSolar Holding Company Ltd (NYSE: JKS), and ReneSola Ltd (NYSE: SOL). Free research report on Canadian Solar can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=CSIQ On Friday, August 07, 2015, the NASDAQ Composite ended at 5,043.54, down 0.26%, the Dow Jones Industrial Average lost 0.27%, to finish the day at 17,373.38, and the S&P 500 closed at 2,077.57, down 0.29%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
Canadian Solar Inc.'s stock declined 2.64%, to close Friday's session at $25.05. The stock recorded a trading volume of 1.69 million shares, below its three months average volume of 2.52 million shares. Over the last one month and the previous three months, Canadian Solar Inc.'s shares have declined 2.30% and 32.48%, respectively. However, the stock has gained 3.56% since the start of this year. The company is trading 13.51% and 14.16% below its 50-day and 200-day moving averages, respectively. Furthermore, Canadian Solar Inc.'s stock traded at a PE ratio of 5.00 and has a Relative Strength Index (RSI) of 41.28. Sign up and read the free notes on CSIQ at:
Yingli Green Energy Holding Co. Ltd's stock finished Friday's session 1.52% higher at $0.85. A total of 0.46 million shares were traded, which was much below its three months average volume of 2.49 million shares. Over the last one month and the previous three months, Yingli Green Energy Holding Co. Ltd's shares have declined 6.29% and 49.84%, respectively. Additionally, the stock has plummeted 63.71% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 20.60% and 55.19%, respectively. Yingli Green Energy Holding Co. Ltd's stock has an RSI of 40.71. The complimentary notes on YGE can be downloaded in PDF format at:
On Friday, shares in Microchip Technology Inc. ended the session 0.76% higher at $43.56. The stock reported a trading volume of 2.13 million shares, below its three months average volume of 2.29 million shares. Shares of the company traded at a PE ratio of 23.55. Microchip Technology Inc.'s shares have lost 1.40% in the last one month, 10.39% in the previous three months and 2.04% on YTD basis. The company is trading 5.34% below its 50-day moving average and 5.83% below its 200-day moving average. Moreover, shares of Microchip Technology Inc. have an RSI of 46.30. Register for free on Equity Research Institute and access the latest research on MCHP at:
JinkoSolar Holding Co. Ltd's stock lost 1.38%, to close the day at $22.80. The stock recorded a trading volume of 0.69 million shares, much below its three months average volume of 0.98 million shares. Over the last one month and over the past three months, JinkoSolar Holding Co. Ltd's shares have lost 6.75% and 18.86%, respectively. However, the stock has surged 15.68% since the start of this year. The company's shares are trading 6.40% below their 200-day moving average. Additionally, JinkoSolar Holding Co. Ltd traded at a PE ratio of 7.35 and has an RSI of 37.42. The complete research on JKS is available for free at:
On Friday, shares in ReneSola Ltd recorded a trading volume of 0.46 million shares, lower than their three months average volume of 0.66 million shares. The stock ended the day 2.24% lower at $1.31. ReneSola Ltd's stock has lost 12.67% in the previous three months and 7.09% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 5.25% and 16.14%, respectively. Furthermore, shares of ReneSola Ltd have an RSI of 47.66. Free in-depth research on SOL is available at:
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