STOCKS TELEGRAPH

Tag: SUNW

  • 26 stocks trending in pre-market

    ‎Bionano Genomics Inc. (BNGO) stock soared 13.81% to $2.39 in the pre-‎market ‎trading following an announcement from the firm that Nasdaq has granted the Company an ‎additional ‎‎180-day compliance period, or until June 28, 2021. The most recent rating by Ladenburg ‎Thalmann, on ‎September 24, 2020, is a Buy. ‎

    Before the trading started on December 31, 2020, fuboTV Inc. (FUBO) is down -‎‎‎2.43% to reach $32.5. It has been trading in a 52-week range of $5.00 to $62.29.‎

    ‎Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading down -10.77% ‎at ‎‎$0.5247 at the time of writing. The firm lately revealed the appointment of Bret Scholtes as ‎its ‎President and Chief Executive Officer, and as a member of the Board of Directors. Company’s 52-‎week ‎ranged between $0.17 to $0.74.‎

    ‎Nxt-ID Inc. (NXTD) stock soared 7.1% to $1.81 in the pre-market trading. ‎The ‎most ‎recent rating by Maxim Group, on November 20, 2017, is a Buy.‎

    ‎Castor Maritime Inc. (CTRM) grew over 41.75% at $0.33 in pre-market trading ‎today ‎after receiving 180-day extension from Nasdaq to meet Nasdaq minimum bid price rule. ‎

    ‎Net Element Inc. (NASDAQ: NETE) shares are trading down -5.21% at $15.45 at ‎the ‎time of writing. Company’s 52-week ranged between $1.47 to $20.08. ‎

    ‎Sundial Growers Inc. (SNDL) stock moved down -1.36 percent to $0.4784 in the pre-‎‎market trading following the declaration from the company that it has closed the acquisition of ‎a ‎special purpose vehicle. ‎

    ‎Professional Diversity Network Inc. (IPDN) gained over 14.96% at $3.15 in pre-‎‎market trading Thursday December 31, 2020 after the firm revealed its partnership with ‎Phala ‎Network.‎

    ‎Marathon Patent Group Inc. (MARA) is up more than 7.63% at $11.71 in pre-‎market ‎hours Thursday December 31, 2020. The company recently revealed that it has entered into a ‎contract ‎with Bitmain to purchase 70,000 Antminer S-19 ASIC miners. The stock had dropped over -‎‎7.48% to ‎‎$10.88 in the last trading session.‎

    ‎Riot Blockchain Inc. (RIOT), a Software – Application company, rose about ‎‎4.92% ‎at ‎‎$18.11 in pre-market trading Thursday.‎

    ‎Nano Dimension Ltd. (NNDM) stock moved up 2.09 percent to $9.75 in the pre-‎‎market trading after closing $250 million registered direct offering.‎

    ‎AIkido Pharma Inc. (AIKI) gained over 33.72% at $1.15 in pre-‎‎market ‎trading ‎Thursday December 31, 2020.‎

    ‎Color Star Technology Co. Ltd. (NASDAQ: CSCW) shares are trading down -4.38% ‎at ‎‎$0.8032 at the time of writing after declaring strategic partnership with two UAE ‎companies. ‎Company’s 52-week ranged between $0.31 to $2.06.‎

    ‎IMAC Holdings Inc. (IMAC) stock moved down -4.08 percent to $1.41 in the pre-‎‎market trading after reporting completion of first infusion of Stem Cells in clinical study for ‎the ‎treatment of Bradykinesia due to Parkinson’s disease.‎

    ‎Ampio Pharmaceuticals Inc. (AMPE) stock soared 12.84% to $1.67 in the pre-‎market ‎trading. The firm recently revealed that it has received guidance from the U.S Food & ‎Drug ‎Administration regarding the impact of COVID-19 on its Phase III clinical trial for osteoarthritis of ‎the ‎knee. The most recent rating by ROTH Capital, on December 19, 2019, is a Buy.‎

    ‎Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares are trading up 5.76% ‎at ‎‎$49.4 at the time of writing after the company announced that it would develop a therapeutic spray ‎as ‎a candidate to treat the hereditary lung and digestive-system disease cystic fibrosis. Company’s 52-‎‎week ranged between $8.51 to $129.71. Analysts have a consensus price target of $69. ‎

    Before the trading started on December 31, 2020, Baidu Inc. (BIDU) is up ‎‎3.53% ‎to ‎reach $227.38. It has been trading in a 52-week range of $82.00 to $202.79.‎

    ‎Greenpro Capital Corp. (GRNQ) is up more than 3.11% at $1.99 in pre-market ‎hours ‎Thursday December 31, 2020. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. The stock had jumped over 3.76% to $1.93 in the last trading session.‎

    ‎Onconova Therapeutics Inc. (ONTX) is down more than -3.79% at $0.49 in pre-‎‎market hours Thursday December 31, 2020. The stock had jumped over 18.88% to $0.51 in the ‎last ‎trading session.‎

    ‎JinkoSolar Holding Co. Ltd. (JKS) grew over 2.28% at $65.55 in pre-market ‎trading ‎today. The firm recently revealed annual general meeting 2020 ‎results.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) lost over -2.76% at $0.6632 in pre-‎‎market trading Thursday December 31, 2020.‎

    ‎Osmotica Pharmaceuticals plc (OSMT) stock moved down -2.13 percent to $4.14 ‎in ‎the pre-market trading after declaring that the U.S. Food and Drug Administration (FDA) has ‎declined ‎to approve one of its products. ‎

    ‎Cinedigm Corp. (CIDM) is down more than -0.69% at $0.62 in pre-‎market ‎hours ‎Thursday December 31, 2020. The stock had dropped over -9.51% to $0.62 in the last ‎trading ‎session.‎

    ‎Novan Inc. (NOVN), a Biotechnology company, dropped about -7.71% at $0.969 ‎in ‎pre-market trading Thursday.‎

    Before the trading started on December 31, 2020, Canaan Inc. (CAN) is ‎up ‎‎25.57% ‎to ‎reach $5.5. It has been trading in a 52-week range of $1.76 to $8.69.‎

    ‎500.com Limited (WBAI) gained over 5.12% at $8.0 in pre-market trading ‎Thursday ‎December 31, 2020. The company recently declared that Mr. Zhaofu Tian has resigned as ‎Chief ‎Technology Officer of the Company due to personal reasons.‎

  • Market Movers: What changed for these 21 stocks while you were sleeping

    Market Movers: What changed for these 21 stocks while you were sleeping

    ‎Greenpro Capital Corp. (GRNQ), a Conglomerates company, dropped about -‎‎5.88% ‎at $1.76 in pre-market trading Tuesday after announcing Bitcoin fund.‎

    ‎ATIF Holdings Limited (ATIF) stock plunged -8.51% to $0.9698 in the pre-‎market ‎trading.‎

    ‎Bionano Genomics Inc. (BNGO) stock soared 8.57% to $0.96 in the pre-‎market ‎trading after declaring that Praxis Genomics, LLC received accreditation from the College of ‎American ‎Pathologists (CAP). The most recent rating by Ladenburg Thalmann, on September 24, 2020, ‎is a Buy. ‎

    ‎Zomedica Corp. (AMEX: ZOM) shares are trading up 4.5% at $0.2625 at the ‎time ‎of ‎writing. Company’s 52-week ranged between $0.06 to $0.50.‎

    ‎Nano Dimension Ltd. (NASDAQ: NNDM) shares are trading up 5.52% at $8.6 at ‎the ‎time of writing after pricing $250 million registered direct offering. ‎Company’s 52-week ‎ranged ‎between $0.51 to $10.49. Analysts have a consensus price target of $8. ‎

    ‎Jaguar Health Inc. (JAGX) stock moved down -2.88 percent to $0.7325 in the pre-‎‎market trading.‎

    ‎Ideanomics Inc. (IDEX), a Software – Application company, rose about 4.27% at ‎‎$2.44 ‎in pre-market trading Tuesday following the declaration the signing of an agreement of its ‎Mobile ‎Energy Global (“MEG”) and contracting entity Qingdao Chengyang Medici with Meihao ‎Chuxing, a joint ‎venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. ‎

    ‎Alibaba Group Holding Limited (BABA) is up more than 3.64% at $230.45 in pre-‎‎‎market hours Tuesday December 29, 2020. The stock had jumped over 0.16% to $222.36 in ‎the ‎last ‎trading session.‎

    Before the trading started on December 29, 2020, FuelCell Energy Inc. (FCEL) is ‎up ‎‎2.3% to reach $11.81. It has been trading in a 52-week range of $0.84 to $13.91.‎

    ‎AeroCentury Corp. (ACY) lost over -25.7% at $10.29 in pre-market trading ‎Tuesday ‎December 29, 2020 following the update of listing standards compliance.‎

    ‎Color Star Technology Co. Ltd. (CSCW) is down more than -9.21% at $0.69 in pre-‎‎‎market hours Tuesday December 29, 2020. The stock had jumped over 7.04% to $0.76 in ‎the ‎last ‎trading session.‎

    Before the trading started on December 29, 2020, Guardion Health Sciences ‎Inc. ‎‎(GHSI) is up 14.83% to reach $0.36. The firm recently reported the appointment of ‎Bret ‎Scholtes, as its President and Chief Executive Officer, and as a member of the Board of Directors. ‎He is ‎a veteran of the nutritional products industry for nearly a decade. It has been trading in a 52-‎week ‎range of $0.17 to $0.74.‎

    ‎Nokia Corporation (NOK) stock soared 2.31% to $3.99 in the pre-market ‎trading ‎after reporting that it has been selected by Thailand’s dtac as its first 5G partner.‎ The most ‎recent ‎rating by Exane BNP Paribas, on October 30, 2020, is a Neutral. ‎

    Before the trading started on December 29, 2020, Acasti Pharma Inc. (ACST) is ‎up ‎‎7.32% to reach $0.3343. It has been trading in a 52-week range of $0.17 to $2.75.‎

    ‎RMG Acquisition Corp. (RMG) grew over 2.1% at $32.61 in pre-market trading ‎today ‎following the stockholder approval of business combination with Romeo Systems, Inc. with ‎no ‎redemptions.‎

    ‎Aprea Therapeutics Inc. (APRE), a Biotechnology company, rose about 4.73% ‎at ‎‎$5.76 in pre-market trading Tuesday after declaring results of primary endpoint from Phase 3 trial ‎of ‎Eprenetapopt in TP53 Mutant Myelodysplastic Syndromes (MDS).‎

    ‎MicroVision Inc. (NASDAQ: MVIS) shares are trading up 6.41% at $7.14 at ‎the ‎time ‎of writing. Company’s 52-week ranged between $0.15 to $9.74. Analysts have a consensus ‎price ‎target ‎of $4.50.‎

    ‎China Recycling Energy Corporation (CREG) is down more than -2.23% at $5.7 in pre-‎‎market hours Tuesday December 29, 2020 after revealing that it has entered into agreement to ‎acquire ‎Xi’an Taiying Energy Saving Technology ‎Co., Ltd..‎. The stock had jumped over 31.31% to $5.83 in ‎the last ‎trading session. ‎

    ‎BIOLASE Inc. (BIOL) stock moved up 25.44 percent to $0.6021 in the pre-‎market ‎trading.‎

    ‎Borr Drilling Limited (BORR), a Oil & Gas Drilling company, rose about 4.66% ‎at ‎‎$0.854 in pre-market trading Tuesday after reporting the appointment of Mr. Magnus Vaaler as its ‎new ‎Chief Financial Officer. He will replace Mr. Christoph Bausch.‎

    ‎Onconova Therapeutics Inc. (NASDAQ: ONTX) shares are trading up 3.68% ‎at ‎‎$0.465 ‎at the time of writing. Company’s 52-week ranged between $0.19 to $1.56. Analysts have ‎a ‎consensus ‎price target of $7.50.‎

  • 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.

  • 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.

  • Sunworks (NASDAQ: SUNW) Stock Is Soaring Today. Here’s Why

    Sunworks (NASDAQ: SUNW) Stock Is Soaring Today. Here’s Why

    Sunworks, Inc. (NASDAQ: SUNW) has shown strong performance on Wednesday session as its stock soared 45%. The strong performance of Sunworks highlighted the positive sentiments by investors after the company disclosed that it has received $10 million of new commercial and agriculture projects in the third quarter. This is the strongest quarterly booking activity of the company since the start of the COVID-19 pandemic in early 2020.

    The company revealed that the orders come from 19 existing and new customers and it includes the installation of more than 4.4 million megawatts. California based company has unveiled that the new projects it has received in the third-quarter comprised 3.2 million for modular-home sites in Northern and Southern California. Agriculture projects consist of $1.8 million for a follow-on project from a large customer and $1.4 million from a new customer.

    For the follow-on sale of Cibao Meat Products in the Northeast the total amount is $700,000. It will include the building of 154kW a parking canopy that will include 8 EV charging stations. Sunworks Chairman Chuck Cargile revealed that much of the company’s agriculture, commercial and industrial sales activities were halted due to the ongoing pandemic.

    But in the third quarter, the company’s team worked hard and assured its investors that this is the right time to invest in solar and get benefits from the incentives currently offered. The company disclosed that the huge volume of sales in the third quarter was booked in the last week of September. Sunworks is positive that its strong performance will continue in the fourth quarter as the company has received two major projects in the first week of October.

    The company’s Chairman revealed that the strong performance of the company has shown that the demands for its solar solutions specifically among agriculture and commercial customers will continue to increase in the future.

    Sunworks, Inc. (NASDAQ: SUNW) shares were trading up 45.00% at $4.06 at the time of writing on Wednesday Sunworks, Inc. share price went from a low point around $0.29 to briefly over $8.50 in the past 52 weeks. SUNW market cap has remained high, hitting $66.87 million at the time of writing. Looking at its liquidity, it has a current ratio of 1.30.

     

  • Here Are 10 Best Solar Industry Stocks To Consider

    Here Are 10 Best Solar Industry Stocks To Consider

    Solar Industry is considered to be the fast-growing industry around the globe. This industry is entered into the new era of growth with an increase in customer demands, innovation, and cost competitiveness. The low cost of solar will be the main source for developing countries where we have seen the continued adoption of solar energy, especially in separated areas where extending the existing grids system isn’t a good choice financially.

    The companies in the solar industry are involved in the selling of photovoltaic installation products, as well as solar renewable energy certificates. Some companies are engaged in designs, development, manufacturing, and selling solar ingots, wafers, cells, modules, and other solar power products. There are various other companies that have different services and products in this industry.

    Here’s a look at how the solar industry has evolved and where it’s headed in 2020:

    SPI Energy Co. Ltd. (NASDAQ: SPI)

    SPI Energy Co. Ltd. (NASDAQ: SPI) last closed at $9.99, in a 52-week range of $0.55 to $46.67. SPI Energy Co. Ltd. has earlier revealed that it has launched EdisonFuture, Inc., a wholly-owned subsidiary of SPI Energy, to design and develop electric vehicles (“EV”) and EV charging solutions. The company disclosed that this is an important milestone for SPI Energy.

    Sunrun Inc. (NASDAQ: RUN)

    Sunrun Inc. (NASDAQ: RUN) stock soar by 9.62% to $66.46. The most recent rating by KeyBanc Capital Markets, on July 13, 2020, is at an Overweight. Previously, CHANEL has revealed that it has committed $35 million toward solar energy projects for low-income multifamily households with Sunrun Inc. Sunrun Inc. market cap has remained high, hitting $7.69 billion at the time of writing.

    JinkoSolar Holding Co. Ltd. (NYSE: JKS)

    JinkoSolar Holding Co. Ltd. (NYSE: JKS) Shares headed rising, higher as much as 8.41%. The most recent rating by Credit Suisse, on September 24, 2020, is at an Outperform. Previously, JinkoSolar Holding Co. Ltd. (JKS) has announced the second-quarter results ended on June 30, 2020. Its module shipment increased in Q2 as compared to Q1. Its total revenues were RMB8.45 billion (US$1.20 billion), exceeding JinkoSolar’s guidance range of US$1.10 billion to US$1.18 billion.

    SunPower Corporation (NASDAQ: SPWR)

    SunPower Corporation (NASDAQ: SPWR) rose 5.13% after gaining more than $0.52 on Friday. SunPower Corporation (SPWR) has earlier secured financing commitments from Hannon Armstrong Sustainable Infrastructure Capital, Inc. and other capital providers for its residential solar lease program, as well as its new solar plus storage program, SunPower Equinox system with SunVault™ storage.

    Canadian Solar Inc. (NASDAQ: CSIQ)

    Canadian Solar Inc. (NASDAQ: CSIQ) stock soar by 7.63% to $32.18. The most recent rating by Cascend Securities, on August 16, 2019, is at a Buy. Canadian Solar Inc. (CSIQ) has issued a statement in a patent lawsuit filed by Solaria in April 2020 in the U.S. District Court in Oakland, California, entitled The Solaria Corporation v. Canadian Solar Inc. CSIQ said that none of the products at issue in the case infringe the Solaria patents. Solaria withheld key evidence from the U.S. Patent Office when seeking its patents and this, among other reasons, renders the asserted claims both invalid and unenforceable.

    Enphase Energy Inc. (NASDAQ: ENPH)

    Enphase Energy Inc. (NASDAQ: ENPH) rose 6.07% after gaining more than $4.21 on Friday. Enphase Energy Inc. (ENPH) has earlier hosted a Made in Mexico event at the Flex manufacturing facility in Guadalajara, Mexico. The Company was honored to welcome Christopher Landau, the U.S. Ambassador to Mexico, to the event as he received a facility tour and overview of Enphase’s investment in Mexico.

    Sunworks Inc. (NASDAQ: SUNW)

    Sunworks Inc. (NASDAQ: SUNW) shares were trading down -46.82% at $2.09 at the time of writing on Friday. Sunworks Inc. (NASDAQ: SUNW) share price went from a low point around $0.29 to briefly over $8.50 in the past 52 weeks, though shares have since pulled back to $2.09. SUNW market cap has remained high, hitting $65.40M at the time of writing, giving it a price-to-sales ratio of more than 1. If we look at the recent analyst rating SUNW, ROTH Capital downgraded coverage on SUNW shares with a Neutral rating.

    First Solar Inc. (NASDAQ: FSLR)

    First Solar Inc. (NASDAQ: FSLR) last closed at $63.05, in a 52-week range of $28.47 to $81.87. Analysts have a consensus price target of $68.74. First Solar Inc. (FSLR) has moved up 121.46% from its 52-weeks low and moved down -22.99% from its 52-weeks high. First Solar Inc. has a total market capitalization of $6.50 billion at the time of writing.

    Vivint Solar Inc. (NYSE: VSLR)

    Vivint Solar Inc. (NYSE: VSLR) Shares headed rising, higher as much as 9.56%. The most recent rating by JMP Securities, on July 07, 2020, is at an Mkt perform. Vivint Solar Inc. (VSLR) share price went from a low point around $3.17 to briefly over $36.55 in the past 52 weeks, though shares have since pulled back to $36.43. VSLR market cap has remained high, hitting $4.19 Billion at the time of writing.

    Sunnova Energy International Inc. (NYSE: NOVA)

    Sunnova Energy International Inc. (NYSE: NOVA) last closed at $26.52, in a 52-week range of $6.12 to $29.61. Analysts have a consensus price target of $30.70. Sunnova Energy International Inc.’s market cap has remained high, hitting $2.25 Billion at the time of writing.

  • Top Pre-Market Performers Even as Fed Chairman Statement Dampens Markets

    Top Pre-Market Performers Even as Fed Chairman Statement Dampens Markets

    The markets are headed for a weak start to the day, as all the key indices are in the red pre-market.  This follows the announcement by the Fed chairman Jerome Powell that the Federal Reserve had done everything it could to try and hold the economy together.

    The announcement by the Fed Chairman was backed by other policymakers who also called for a fiscal stimulus from the government to help rejuvenate the economy. While a stimulus package can help breathe life into the economy, investors are not optimistic that it can happen any time soon. The pessimism is compounded by the fact that COVID-19 cases are not slowing down. COVID-19 deaths in the U.S have hit 200k and counting.

    Across the Atlantic, in Europe, some economies are going back into lockdown. Essentially this means that the world is not close to a solution and the economy may take longer to recover. This is weighing heavily on the markets and are likely to impact on stocks in the day and could see most trade-in negative territory. Nonetheless, there is some good news in the market that is pushing up some stocks pre-market.

    The governor of California has announced that the State will ban all carbon-emitting vehicles by the year 2035. This announcement has sent renewable energy and EV stocks rocketing pre-market. Besides EV stocks, companies with positive news are rocketing too, as investors chase gains in a sluggish market. Some of the top performers this morning are as below:

    Sunworks Inc [NASDAQ: SUNW]

    Sunworks Inc is a top performer pre-market and is up by over 500%. This company deals in photovoltaic systems and is based in California. This makes it uniquely positioned to grow its market share as structural changes brought about by this policy drive up the demand for e-mobility. The company also stands to benefit from the fact that the world is increasingly shifting towards renewable energy as the effects of climate change become more apparent.

    Just Energy Group [NYSE:JE]

    Just Energy Group Inc is a top performer pre-market and is up by over 80%. This follows the company’s announced an update for its closing plan of arrangement.  The company stated that it had got approval from the FERC for this transaction that is aimed at recapitalizing the company. This seems to have created lots of excitement in this stock in early morning trading.

    The E.W Scripps Company [NASDAQ: SSP]

    This stock is a top performer this morning and is up by over 50% pre-market. This follows the company’s announcement that it’s an affiliated company was given the national Emmy award at the National Academy of Television Arts & Sciences.