Trina Solar Limited (TSL) : During the past 4 weeks, traders have been relatively bearish on Trina Solar Limited (TSL), hence the stock is down -1.86% 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 -0.94% relative to the S&P 500. The 4-week change in the price of the stock is -2.38% and the stock has fallen -0.78% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 0.52%.The 200 Day SMA reached 7.54%
Trina Solar Limited (NYSE:TSL): The stock opened in the green at $10.24 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $10.32 and a low of $10.19 for the day. The stock did not find buyers even at the lows and closed at $10.24 recording a loss of -0.29%. 2,463,032 shares exchanged hands during the trading day. The stock had closed at $10.24 in the previous days trading.
Trina Solar Limited (TSL) : The highest level Trina Solar Limited (TSL) is projected to reach is $12 for the short term and the lowest estimate is at $9. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $10.55 and the possibility the share price can swing is $1.28.
Trina Solar Limited is an integrated solar power products manufacturer and solar system developer. The Company develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules it manufactures. The Company has two segments: manufacturing segment and solar power projects segment. The Companys manufacturing segment designs, develops, manufactures and sells photovoltaic (PV) modules and integrates the manufacturing of ingots, wafers and solar cells for use in its PV module production. The Companys solar power projects segment designs and constructs, in order to operate or sell, solar power projects in China, the United Kingdom, Japan, the Middle East and India. The Company produces standard monocrystalline PV modules ranging from between 210 watts and 215 watts to between 270 watts and 275 watts in power output and multicrystalline PV modules ranging from between 250 watts and 265 watts to between 300 watts to 315 watts in power output.