SunPower Corporation (SPWR) Shares are Down -18.77%

SunPower Corporation (SPWR) : During the past 4 weeks, traders have been relatively bearish on SunPower Corporation (SPWR), hence the stock is down -26.8% 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 -19.2% relative to the S&P 500. The 4-week change in the price of the stock is -28.29% and the stock has fallen -18.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 22.86% and the 50-Day Moving Average is 39.46%.The 200 Day SMA reached 61.02% SunPower Corporation has dropped 49.12% during the last 3-month period . Year-to-Date the stock performance stands at -74.91%.


SunPower Corporation (SPWR) stock is expected to deviate a maximum of $5.88 from the average target price of $17.92 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $28 and the most muted being $11.

Company shares have received an average consensus rating of Hold for the current week SunPower Corporation (NASDAQ:SPWR): stock was range-bound between the intraday low of $7.365 and the intraday high of $7.72 after having opened at $7.55 on Fridays session. The stock finally closed in the red at $7.55, a loss of -2.46%. The stock remained in the red for the whole trading day. The total traded volume was 5,828,947 shares. The stock failed to cross $7.72 in Fridays trading. The stocks closing price on Thursday was $7.53.

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.

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