Company Shares of SunPower Corporation (NASDAQ:SPWR) Drops by -3.49%

SunPower Corporation (NASDAQ:SPWR) : During the past 4 weeks, traders have been relatively bearish on SunPower Corporation (NASDAQ:SPWR), hence the stock is down -5.88% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.71% relative to the S&P 500. The 4-week change in the price of the stock is -4.36% and the stock has fallen -3.49% in the past 1 week.

The company shares have dropped -44.70% from its 1 Year high price. On Dec 24, 2015, the shares registered one year high at $31.10 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $15.81 and the 200 Day Moving Average price is recorded at $21.06.

The stock has recorded a 20-day Moving Average of 0.57% and the 50-Day Moving Average is 9.55%.


SunPower Corporation (NASDAQ:SPWR): stock turned positive on Friday. Though the stock opened at $14.77, the bulls momentum made the stock top out at $14.99 level for the day. The stock recorded a low of $14.66 and closed the trading day at $14.92, in the green by 3.32%. The total traded volume for the day was 1,830,034. The stock had closed at $14.44 in the previous days trading.

In an insider trading activity, Branderiz Eric, officer (SVP and Prin Acct Off) of Sunpower Corp, unloaded 6,365 shares at an average price of $25 on March 18, 2016. The total amount of the transaction was worth $159,125, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

SunPower Corporation (SunPower) is a global energy company. The Company provides design, manufacturing, installation, ongoing maintenance and monitoring and adjacent services. The Company provides solar technology to residential, commercial and utility customers worldwide. The Company operates through three segments: the Americas Segment, the EMEA Segment and the APAC Segment. The Company offers solar power components, solar power systems and residential leases. The Company sells panels and balance of system components, primarily to dealers, system integrators and distributors. The Company designs, manufactures, and sells rooftop and ground-mounted solar power systems under construction and development agreements. The Company offers post-installation systems monitoring and maintenance in connection with its construction contracts and commercial power purchase.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.