STOCKS TELEGRAPH

Tag: SOL

  • Solana (SOL) coin price prediction – Towards 0

    Solana (SOL) coin price prediction – Towards $120

    Solana (SOL) had been highly volatile with major upside and downside movements. The volatility may have died down as Solana begins a brief consolidation. At the time of writing, Solana stands at a price level of $32.50. the price has increased by 3% in the past twenty-four hours while the trading volume has dropped down by 30%. The cryptocurrency has suffered from 6% losses in the past seven days.

    Solana (SOL) technical analysis

    The market sentiment for Solana is bearish. Out of the total twenty-six technical indicators, eleven are giving out a signal of sell with ten indicators standing at a neutral position and only five indicators are giving out a buy signal.

    Solana (SOL) technical analysis
    Solana (SOL) technical analysis

    Solana (SOL) had been identified to be forming an Elliot wave series. The cryptocurrency is also expected to form other minor wave series inside the major one. Currently, SOL coin is beginning the formation of the fifth wave of the series. The fifth wave is regarded as the risky one with various highly volatile movements. The price prediction for Solana by the end of the wave count is at $120. The price action after the fifth wave is also something to be vary of as Solana can suffer from high bearish momentum. However, a bullish butterfly harmonic pattern is expected to be formed by SOL coin after the completion of the Elliot wave series.

    Solana (SOL) price prediction

    Solana is the fourteenth largest cryptocurrency in the market. The platform provides solutions for decentralized finance and targets both institutional and small-scale traders. The project has risen in popularity with it now being considered one of the best projects in the DeFi sphere. The long-term potential of the cryptocurrency is good. According to the estimates of Digital Coin Price, Solana will be valued at $140 by 2028. Wallet Investor is more bullish on the cryptocurrency and predicts the price to cross $100 in a year’s time while the five-year projection shows a price level of a staggering $391.

  • Solana (SOL) coin price prediction of 1 possible?

    Solana (SOL) coin price prediction of $391 possible?

    Solana (SOL) started off on an upward trend since the end of June. Solana has been gaining bullish momentum; however, it has now entered a consolidation phase with decreased volatility. At the time of writing, the cryptocurrency stands at a price level of $35. The price has increased slightly in the past twenty-four hours while the trading volume has also gone up by 20%.

    Solana (SOL) technical analysis

    The market outlook for the cryptocurrency is bullish. Out of the total twenty-six technical indicators, fourteen are standing at a buy position with ten indicators at neutral and only two suggesting a sell. The oscillators are neutral while the moving averages suggest a strong uptrend in the daily timeframe.

    Solana (SOL) technical analysis
    Solana (SOL) technical analysis

    A trader has identified various crucial levels for the cryptocurrency. Solana (SOL) is operating in an ascending channel formation. The cryptocurrency is currently near a major resistance level at $35. If Solana is able to break this resistance, it would confirm the bullish trend. The break out from the resistance level will activate price targets at $39 followed by $41.

    The price predictions for the cryptocurrency are favorable as it is considered a good long-term investment. According to the estimates of Wallet Investor, Solana is expected to be operating at a price level of $105 in a year’s time while the five-year projection shows a price of $391. Digital Coin Price’s forecast is not as optimistic but optimistic nonetheless. Per their estimates, Solana will end the year with a price of $51 and will continue climbing upwards till $153 by 2028.

    What might push the cryptocurrency upwards?

    Solana’s blockchain provides DeFi solutions. The network has been garnering increasing popularity. The Solana blockchain has had plenty of good projects working on it with plenty more under development. Recently, Solrise Finance – a decentralized asset management based on Solana’s blockchain – raised $3.4 million in its ICO. The number of good projects of the blockchain is increasing exponentially and the utility and potential of Solana is evident. This may help Solana achieve the optimistic price targets set for it.

  • Can Solana (SOL) overtake Ethereum (ETH)?

    Can Solana (SOL) overtake Ethereum (ETH)?

    Solana (SOL) year-to-date performance is a staggering 1,950% gains while Ethereum (ETH) year-to-date returns stand at just 252%. After the crash, both the cryptocurrencies have embarked on an upward trend – although the trend has yet to be confirmed by further price actions. The stark difference in the growth of both cryptocurrencies will clearly give a preference to Solana. However, the difference in the price levels may be accounted for the difference in growth as Solana has a much lower price, it has more room for growth. At the time of writing, Solana stands at a price level of $31 while Ethereum is trading hands at $2,613.

    The debate – ETH vs. SOL

    Solana (SOL) has also been debated to have the potential to one day overtake the queen of the market – Ethereum. Two crypto experts Kain Warwick and Kyle Samani, in a podcast “The Unchained”, have discussed the threat that Solana along with Binance Smart Chain pose to Ethereum. Warwick has postulated that Solana with its stability and predictability can possibly surpass Ethereum. Both Binance Smart Chain and Solana have been gaining organic traction.

    Although Ethereum’s upgrade ETH2.0 is one of the highly anticipated events, Samani has put forward the concerns that he has with the upgrade. At the moment, the future of Ethereum look quite uncertain. Nobody has any idea with dApps would look like with the scaling solution that Ethereum is looking to provide. This uncertainty may lead to users flocking towards Solana and other smart contract platforms.

    A hallmark step for Solana is one of its projects being backed by a leading accelerator. Mercurial Finance is now being backed by DeFi Alliance – a startup accelerator. Mercurial Finance is the first Solana-based project being supported by the notable accelerator which has had mentors like Coinbase. Mercurial Finance is working on building a platform for stablecoins with a competitive edge of dynamic fees and dynamic allocation of slippage.

    Moreover, OpenOcean is bringing its DEX aggregation protocol into Solana. The aggregator recently announced its plans to expand into Solana network. OpenOcean will bring DeFi and CeFi liquidity into Solana which will allow users to enjoy lower gas fees and better yields.

    In conclusion, at this moment, it may look like a plausible argument. However, Ethereum did not become the queen of the market overnight. So, for any project to overtake Ethereum, it would not be an easy feat.

  • Solana (SOL) going strong amidst market crash

    Solana (SOL) going strong amidst market crash

    Solana (SOL) may be one of the few cryptocurrencies that are immune to the current market crash. As established cryptocurrencies suffer immensely, Solana (SOL) continues on its strong uptrend. Amidst the crashing market, Solana established its new all-time high at $52. At the time of writing, the cryptocurrency is trading hands $49 apiece. The price of the cryptocurrency has increased by 8% in the past twenty-four hours while the daily trading volume has surged by 225%.

    Solana (SOL) Technical Analysis

    The market sentiment for SOL coin is strongly bullish. Out of the twenty-six technical indicators, sixteen are giving out a signal of buy with nine standing at a neutral position and only one indication of sell. The oscillators are mainly neutral while the moving averages are strongly bullish.

    Solana (SOL) Technical Analysis
    Solana (SOL) Technical Analysis

    Solana crypto has been operating in an ascending channel formation. A trader has identifiedSolana to have entered a rectangular zone marked by a major resistance and support. The price movements of the cryptocurrency have been oscillating inside the zone. The trader is expecting Solana crypto to soon break out towards the upside of either of the formations. Even if Solana breaks down to the downside from the ascending channel, it will still find strong support inside the rectangular zone and will stabilize. The trader has set the price levels of $64, $72, $82 and $99 as potential price targets.

    Solana (SOL) Price Prediction

    Solana (SOL) has been surging and the project is considered to possess a lot of potential. Solana is designed to facilitate decentralized app creation but with much higher ease and scalability. The project has bullish projections for the future. Wallet Investor predicts Solana crypto to be valued at $150 after a year while the price after five years is expected to climb to $574. Digital Coin Price is, however, not as bullish. They project the price of Solana to be at $73 after a year and $219 after five years.

  • Solana (SOL) in bullish mode thanks to recent developments

    Solana (SOL) in bullish mode thanks to recent developments

    Solana (SOL) stands at a price level of $45, at the time of press. The price of Solana coin has been increasing in the past twenty-four hours while the daily trading volume has fallen 30%. The permission-less blockchain-based on providing decentralized finance solution has been surging amidst the DeFi craze. SOL coin established its all-time high at $49 a week ago. Currently, the cryptocurrency is ranked seventeenth in terms of capitalization in the market.

    Solana (SOL) technical analysis

    The market sentiment for Solana is bullish with fifteen of the twenty-six technical indicators giving out a signal of buy. Out of the rest, ten indicators are standing at a neutral position with just one indication of sell. The oscillators are neutral while the moving averages are strongly bullish.

    A trader has identified Solana crypto in an ascending channel formation. The channel has been under formation since February while the bullish trend of Solana has now been continued for a fifth month on the logarithmic view. The trader has also pointed out towards a flag formation inside the channel. The flag formation makes the price level of $43 as strong support for the cryptocurrency. If Solana is able to hold the support level, there is a good chance of an upward break out from the channel which will lead to higher highs for SOL coin.

    Why is Solana (SOL) bullish?

    ChainSwap the cross-chain bridge has partnered with the Solana-based automated market maker and liquidity provided Raydium. The partnership will enable ChainSwap towards a bridge from Solana to EVM. The union will also increase the capabilities of Raydium by allowing liquidity creation on the platform.  The developments are said to lead the way towards the evolution of decentralized finance by leveraging the power of Solana blockchain.

  • A look at the top headlines and cryptocurrencies to watch

    A look at the top headlines and cryptocurrencies to watch

    Here’s a quick break down of what’s been up in the cryptocurrency world:

    • Visa is moving towards allowing USD-backed cryptocurrencies for transactions on its network
    • The weekly inflow of cryptocurrency investment products has reached $21 million – the lowest since October 2020
    • According to PwC, the value of crypto related mergers and acquisitions deals doubled and as institutional interest in the cryptocurrency sphere increases, the M&A is expected to continue to rise
    • The market is dominated by Bitcoin, Ethereum followed by Binance Coin. BTC at $57,825 is close to hitting $60k, ETH stands at $1,815 and BNB is at $274
    • The NFT demand is surging with celebrities jumping in and releasing their exclusive NFTs. In three months, the total market cap of NFT projects has increased by 1,785%

    Global developments:

    • Canadian securities regulators have published a detailed guide for cryptocurrency trading platforms
    • India is reported to be moving towards a bill banning cryptocurrencies
    • Bank of Thailand is struggling with cryptocurrencies – after a failed launch, another cryptocurrency is set to be launched in the near future
    • The Dubai Financial Services Authority published a report on “Framework for Regulating Security Token” for stakeholders’ review

    New All-time High Coins

     

    Solana (SOL) is on a steady upward trend and has established its all-time high at the current price of $20.32. The price of the coin has gone up by 13% while the daily trading volume of $272,033,321 declined by 35%. Solana ranks at 22nd in terms of market capitalization. The open source block chain project that provides decentralized finance solutions is known as the “Ethereum Killer”. The network revealed about the inflow of $40 million worth of investment.

    Holo (HOT), the second all-time high crypto, has been on a sharp upward trajectory too. The coin established its all-time high of $0.015 today. The price has went up by 50% while the daily trading volume has surged upwards by 380%. The platform is used for hosting decentralized apps built on Holochain – an alternative to the block chain.

    BitTorrent coin (BTT) is another top performer of the day. The cryptocurrency stands at the all-time high price of $0.0040. The price has increased by 10% in the 24-hour timeframe while the daily trading volume has increased by 110%. The file sharing and content platform ranks 3st in the market.

    THORChain was in the grips of bears recently but the bulls have dominated the market as the cryptocurrency established an all-time high of $7.14. The price has increased by 11% while the daily trading volume went up by 83%. The decentralized liquidity platform enables users to easily exchange cryptocurrencies.

    The Origin Protocol (OGN) established its all-time high at the current price of $2.26. The daily trading volume of $338,401,491 has increased by around 25%. The objective of the network is to create an online marketplace based on the Ethereum block chain and interplanetary File System (IPFS). The network recently entered into a strategic partnership with Brave Browser in order to facilitate the offering of NFTs.

  • Early Morning Vibes: 4 Stocks We Like for Tuesday Trading

    Early Morning Vibes: 4 Stocks We Like for Tuesday Trading

    Major US stock indices fell 1.3-1.5% on the first day of trading in 2021.

    The broad market S&P 500 index fell 1.48% to 3700.65 points, the industrial Dow Jones Industrial Average fell 1.25% to 30223.89 points, and the technological NASDAQ dropped 1.47% 12698.45 points.
     

    Despite the general optimistic sentiment of investors regarding the recovery of the global economy after the coronavirus pandemic, the indices declined.

    At the start of the new year, investors focused on the same issue that has dominated the markets for much of 2020: the coronavirus pandemic. Many expect economic activity to accelerate later this year as communities are vaccinated, and organizations reopened. At the same time, there is an understanding that the path to economic recovery will be long and uneven.

    Recent news on the coronavirus situation paints a bleak picture. In the United States, the number of hospitalizations on Sunday reached a record high. In several countries in Europe, governments are extending quarantine restrictions designed to slow the spread of infection.

    The difficulty in dealing with the pandemic means that many companies will be vulnerable to financial risks in the short term.

    The experts noted growing nervousness over the results of the second round of elections to the U.S. Senate in Georgia. The outcome of the vote will determine whether the Republicans will retain control of the Senate. According to investors in prediction markets, the likelihood of a GOP victory has diminished in the past few days, potentially signaling a tense battle for Senate seats.

    Corporate Highlights

    Coca-Cola shares lost 3.8%. RBC Capital Markets has downgraded their rating from “above sector” to “par with the sector.” The bank’s analysts believe that the pandemic will continue to restrict public events and consumer access to restaurants, negatively affecting demand for Coca-Cola products.

    Airline stocks, which were also seriously affected by the coronavirus, also declined on Monday. In particular, American Airlines shares fell 4.1%, while Delta Air Lines shares fell 3.7%.

    Hotel chain shares were also down, with Hilton Worldwide Holdings down 3.4%, while Marriott International shed 5.4%.

    Tesla, meanwhile, gained 3.4%. The electric vehicle maker said it delivered a record 499,550 vehicles last year, just slightly below its target of 500,000.

    Amid a massive sell-off in shares, gold prices jumped 2.7% to $ 1,944.70 per troy ounce, the most significant percentage gain since April. Precious metal quotes usually receive support when market volatility increases.

    An additional source of joy in the market was the latest data on the manufacturing sector’s state. According to surveys of purchasing managers, factories in Asia and Europe increased their output at the end of the year. In December, there was a substantial rise in activity.

    Today Top Movers

    ‎Jaguar Health Inc (JAGX) share price ascended 30.90% to $2.33 during early morning ‎trading session on Tuesday.‎ ‎

    Zosano Pharma Corp (ZSAN), a Biotechnology company, increased about 78.60% ‎at ‎‎$1.04 in pre-market trading Tuesday after declaring that the company requested a Type A meeting with the U.S. Food and Drug Administration (FDA) to review resubmission plans for Qtrypta new drug application. ‎

    Naked Brand Group Ltd (NAKD) stock surged 14.83% at $0.25 in the pre-market trading today.

    Broadway Fin Cp (BYFC) jumped over 46.88% at $2.82 in pre-market ‎trading on Tuesday after the company and CFBanc Corporation revealed receipt of regulatory approvals for the merger.

    Top Upgrades & Downgrades


    Needham turned bullish on Merit Medical Systems Inc. (MMSI), upgrading the stock to “Buy” and assigning a $65.0 price target, representing potential upside of 18.69% from Monday’s close.
     

    DocuSign Inc. (DOCU) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $300.
     

    Cadence Design Systems Inc. (CDNS) received an upgrade from analysts at KeyBanc, who also set their one-year price target on the stock to $155.0. They changed their rating on CDNS to Overweight from Sector Weight in a recently issued research note.
     

    Earlier Sunday Piper Sandler reduced its rating on Fortinet Inc. (FTNT) stock to Neutral from Overweight.
     

    Piper Sandler analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Rapid7 Inc. (RPD) has been changed to Neutral from Overweight and the new price target is set at $95.
     

    Analysts at Piper Sandler downgraded Okta Inc. (OKTA)’s stock to Neutral from Overweight on Tuesday.

    Latest Insider Activity

    ReneSola Ltd (SOL) CFO SHAH CAPITAL MANAGEMENT announced the sale of shares taking place on Dec 31 at $11.90 for some 26,000 shares. The total came to more than $0.31 million.
     

    ACM Research Inc. (ACMR) Wang Jian sold on Dec 30 a total 84,386 shares at $78.00 on average. The insider’s sale generated proceeds of almost $2.53 million.
     

    Hall of Fame Resort & Entertainment Company (HOFV) Director Lichter Stuart declared the purchase of shares taking place on Dec 29 at $1.40 for some 10,813,774 shares. The transaction amount was around $15.14 million.
     

    Beyond Air Inc. (XAIR) CEO, Chairman Lisi Steven A. bought on Dec 31 a total 929 shares at $5.28 on average. The purchase cost the insider an estimated $203,280.

    Important Earnings

    Top US earnings releases scheduled for today include Cal-Maine Foods Inc. (NASDAQ:CALM). It will announce its Nov 2020 financial results. The company is expected to report earnings of -$0.08 per share from revenues of $333.49M in the three-month period.

  • The best-performing stocks in the Solar Sector last trading session

    The best-performing stocks in the Solar Sector last trading session

    During the third quarter of 2020, U.S. solar firms built 3.8 GW of new solar PV capacity. The industry struggled to recover from some of the worst effects of the Covid-19 pandemic in Q2, which saw installations rise by 9%.

    The Solar Energy Industries Association (SEIA) and Wood Mackenzie have released the “US Solar Market Insight Q4 2020” report, which indicates that solar will account for 43% of all additional capacity additions through Q3 2020, more than any other electricity source. In 2020, a record 19 GW of new solar capacity is projected, representing a 43% year-over-year increase from 2019.

    The residential solar sector, which seems to have been the hardest hit by the pandemic’s business effects, has surpassed recovery expectations, rising 14 percent over Q2. Even it stayed below the rate of Q1.

    Following are the best performing stocks in the Solar Sector in the last trading session.

    Array Technologies Inc. (NASDAQ:ARRY) shares were trading up 4.57% at $38.64 at the time of writing on Tuesday. On December 7, 2020, the company declared the closing of the secondary offering by a parent entity of the Company controlled by Oaktree Capital.

    Array Technologies Inc. (NASDAQ:ARRY) share price went from a low point around $29.05 to briefly over $50.99 in past 52 weeks, though shares have since pulled back to $38.64. ARRY market cap has remained high, hitting $4.86B at the time of writing, giving it price-to-sales ratio of more than 5.

    If we look at the recent analyst rating ARRY, JP Morgan upgraded coverage on ARRY shares with an Overweight rating and a $45.39 price target, which implies room for 6.75% upside momentum this year.

    Canadian Solar Inc. (CSIQ) last closed at $43.02, in a 52-week range of $12.00 to $45.70. The firm on November 23, 2020 reported that it signed a power purchase agreement with BTG Pactual and that it was awarded with two projects in a private auction by Furnas Centrais Elétricas for a total of 862 MWp in solar power projects in Brazil. Analysts have a consensus price target of $45.57.

    Enphase Energy Inc. (ENPH) stock soar by 10.61% to $160.46. The company recently revealed the launch of the Enphase Installer Network (EIN) in Australia. The most recent rating by Piper Sandler, on December 11, 2020, is at an Overweight.

    First Solar Inc. (NASDAQ:FSLR) Shares headed rising, higher as much as 5.39%. The most recent rating by Piper Sandler, on December 11, 2020, is at a Neutral.

    JinkoSolar Holding Co. Ltd. (NYSE:JKS) rose 17.78% after gaining more than $9.55 on Tuesday following declaration of changes to its senior management team.

    Sunnova Energy International Inc. (NOVA) last closed at $42.97, in a 52-week range of $6.12 to $46.00. On December 4, 2020, the firm reported that it closed its securitization of leases and power purchase agreements on November 30, 2020. Analysts have a consensus price target of $40.18.

    Sunrun Inc. (RUN) stock soar by 10.63% to $63.17. The firm on November 24, 2020 reported five environmental justice initiatives to expand access to solar and its benefits. The most recent rating by UBS, on October 27, 2020, is at a Sell.

    SolarEdge Technologies Inc. (NASDAQ:SEDG) Shares headed rising, higher as much as 6.97%. The most recent rating by Piper Sandler, on December 11, 2020, is at an Overweight.

    ReneSola Ltd (NYSE:SOL) rose 17.19% after gaining more than $1.2 on Tuesday. The company stated on December 8, 2020, that China’s Ministry of Finance approved ten of the Company’s rooftop projects to receive incentive payments.

    SPI Energy Co. Ltd. (SPI) last closed at $7.64, in a 52-week range of $0.55 to $46.67.

    SunPower Corporation (SPWR) stock soar by 13.10% to $24.87. The firm on November 24, 2020, declared a tender offer to purchase any and all of its outstanding 0.875% Convertible Senior Debentures due 2021. The most recent rating by UBS, on October 27, 2020, is at a Sell.

    Sunworks Inc. (NASDAQ:SUNW) Shares headed rising, higher as much as 12.81%. On December 7, 2020, the company announced that it has sold approximately 3.8 million shares of common stock. The most recent rating by ROTH Capital, on April 02, 2020, is at a Neutral.

    VivoPower International PLC (NASDAQ:VVPR) rose 19.16% after gaining more than $1.23 on Tuesday after announcing the appointment of Gemma Godfrey to the Company’s Board of Directors.

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • Top 15 Solar Stocks For October 2020

    Top 15 Solar Stocks For October 2020

    The solar industry has entered into a new era of growth from the past few decades with the increase in innovations, cost competitiveness, and customer demands. The industry is striving to provide the best-in-class and frictionless experience to its customers. Solar energy is basically the radiant energy emitted from the sun, which is utilized by using various technologies such as solar heating, photovoltaic cells, and others.

    Solar energy is an efficient form of unconventional energy and a convenient renewable solution toward growing greenhouse emissions and global warming. The future of the solar industry is always bright because this industry is providing energy-efficient solutions to various businesses. Technological advancements have transformed the solar industry completely.

    Let’s take a quick look at the top 15 companies in the solar industry that are competing in the fast-growing markets:

    Beam Global (NASDAQ: BEEM)

    Beam Global (NASDAQ: BEEM) shares were trading up 7.29% at $16.49 at the time of writing on Wednesday. Beam Global (NASDAQ: BEEM) share price went from a low point around $3.90 to briefly over $17.79 in the past 52 weeks, though shares have since pulled back to $16.49. BEEM market cap has remained high, hitting $91.68M at the time of writing, giving it a price-to-sales ratio of more than 10. Beam Global (BEEM) has earlier deployed the first Beam-branded EV ARC™ 2020 charging unit.

    Canadian Solar Inc. (NASDAQ: CSIQ)

    Canadian Solar Inc. (NASDAQ: CSIQ) last closed at $40.78, in a 52-week range of $12.00 to $39.99. Analysts have a consensus price target of $31.49. Canadian Solar Inc. (CSIQ) disclosed earlier the financial close of its 126 MWp Tastiota project in the state of Sonora, Mexico. The non-recourse financing package, arranged by Canadian Solar, was provided by Sumitomo Mitsui Banking Corporation.

    Enphase Energy Inc. (NASDAQ: ENPH)

    Enphase Energy Inc. (NASDAQ: ENPH) stock soar by 9.38% to $107.82. The most recent rating by BofA Securities, on October 01, 2020, is at a Buy. Enphase Energy Inc. (ENPH) disclosed that 603 Solar deployed a 16.8 kW DC solar array on the town hall building for the community of Shelburne, New Hampshire. After other recent energy efficiency upgrades to the town hall building, the solar system from 603 Solar is expected to offset 100% of the building’s energy needs.

    JinkoSolar Holding Co. Ltd. (NYSE: JKS)

    JinkoSolar Holding Co. Ltd. (NYSE: JKS) rose 17.04% after gaining more than $8.14 on Wednesday. JinkoSolar Holding Co. Ltd. (JKS) announced its unaudited financial results for the second quarter ended June 30, 2020. Its Module shipments in the second quarter increased significantly compared with the first quarter, despite the negative impact caused by the global pandemic.

    Maxeon Solar Technologies Ltd. (NASDAQ: MAXN)

    Maxeon Solar Technologies Ltd. (MAXN) last closed at $18.78, in a 52-week range of $11.78 to $37.62. Analysts have a consensus price target of $18.00. Maxeon Solar Technologies Ltd. (MAXN) announced that its management will present on UBS Global Energy Transition Call Series on October 9, 2020.

    Sunrun Inc. (NASDAQ: RUN)

    Sunrun Inc. (NASDAQ: RUN) Shares headed falling, lower as much as -0.66%. The most recent rating by Piper Sandler, on October 07, 2020, is at a Neutral. CHANEL announced earlier it has committed $35 million toward solar energy projects for low-income multifamily households with Sunrun Inc. Sunrun Inc. (RUN) market capitalization has remained high, hitting $10.36 billion at the time of writing.

    SolarEdge Technologies Inc. (NASDAQ: SEDG)

    SolarEdge Technologies Inc. (NASDAQ: SEDG) rose 12.24% after gaining more than $33.28 on Wednesday. SolarEdge Technologies Inc. (SEDG) revealed the pricing of $550 million aggregate principal amount of 0.00% Convertible Senior Notes due 2025 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

    Sunnova Energy International Inc. (NYSE: NOVA)

    Sunnova Energy International Inc. (NOVA) stock soar by 3.35% to $28.99 after Sunnova Announces Third Quarter 2020 Earnings Release Date and Conference Call. The most recent rating by Piper Sandler, on October 07, 2020, is at an Overweight.

    ReneSola Ltd (SOL)

    ReneSola Ltd (SOL) last closed at $3.50, in a 52-week range of $0.85 to $2.98. Analysts have a consensus price target of $3.17. ReneSola Ltd (SOL) disclosed that it entered into a strategic partnership agreement with Vodasun to co-develop and market ready-to-build (RTB) ground-mounted solar projects in Germany.

    Sunworks Inc. (NASDAQ: SUNW)

    Sunworks Inc. (NASDAQ: SUNW) rose 45.00% after gaining more than $1.26 on Wednesday. Sunworks Announces $10 Million in Q3 Project Wins, Representing an Acceleration in Activity and Improving Market Conditions.

    SPI Energy Co. Ltd. (NASDAQ: SPI)

    SPI Energy Co. Ltd. (NASDAQ: SPI) stock soar by 7.46% to $8.35. SPI Energy Co. Ltd. (SPI) disclosed that on October 7, 2020, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, indicating that for the ten consecutive trading days from September 23, 2020, to October 6, 2020, the Company’s Market Value of Publicly Held Shares had been $15,000,000 or greater as required for continued listing on The Nasdaq Global Select Market.

    SunPower Corporation (NASDAQ: SPWR)

    SunPower Corporation (NASDAQ: SPWR) Shares headed rising, higher as much as 11.02%. The most recent rating by Piper Sandler, on October 07, 2020, is at an Overweight. SunPower Corporation (SPWR) announced the creation of two new leadership positions at the company to lead all initiatives related to Environmental, Social and Corporate Governance (ESG) and Diversity, Equity and Inclusion (DE&I), respectively.

    VivoPower International PLC (NASDAQ: VVPR)

    VivoPower International PLC (NASDAQ: VVPR) stock soar by 7.14% to $10.50. VivoPower International PLC (VVPR) disclosed that it has appointed Matthew Nestor as Sales Director for North America to spearhead the rollout of VivoPower’s sustainable energy solutions (SES) offering to customers in the United States and Canada.

    First Solar Inc. (NASDAQ: FSLR)

    First Solar Inc. (NASDAQ: FSLR) shares headed rising, higher as much as 7.18%. The most recent rating by BofA Securities, on August 07, 2020, is at a Buy. First Solar Inc. (FSLR) stock has fluctuated between a 52-weeks low range of $28.47 and a high range of $81.87. It has moved up 176.47% from its 52-weeks low and moved down -3.86% from its 52-weeks high.

    Vivint Solar Inc. (NYSE: VSLR)

    Vivint Solar Inc. (NYSE: VSLR) last closed at $43.08, in a 52-week range of $3.17 to $45.25. Analysts have a consensus price target of $20.38. Vivint Solar Inc. (VSLR) has moved up 1258.99% from its 52-weeks low and moved down -4.80% from its 52-weeks high. It has a market capitalization of $5.66 billion at the time of writing.