Trina Solar Limited (TSL) Shares are Down -2.48%

Trina Solar Limited (TSL) : During the past 4 weeks, traders have been relatively bearish on Trina Solar Limited (TSL), hence the stock is down -1.5% 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 -3% relative to the S&P 500. The 4-week change in the price of the stock is -3.5% and the stock has fallen -2.48% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.88% and the 50-Day Moving Average is 4.03%.The 200 Day SMA reached 7.37% Trina Solar Limited is up 41.41% in the last 3-month period. Year-to-Date the stock performance stands at -7.35%.


Trina Solar Limited (TSL) stock is expected to deviate a maximum of $1.28 from the average target price of $10.55 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $12 and the most muted being $9.

For the current week, the company shares have a recommendation consensus of Buy. Trina Solar Limited (NYSE:TSL): stock was range-bound between the intraday low of $10.19 and the intraday high of $10.46 after having opened at $10.44 on Fridays session. The stock finally closed in the red at $10.44, a loss of -2.48%. The stock remained in the red for the whole trading day. The total traded volume was 3,789,153 shares. The stock failed to cross $10.46 in Fridays trading. The stocks closing price on Thursday was $10.21.

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.

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.