Yingli Green Energy Holding Co. (YGE) Stock Price Down 1.6%
Yingli Green Energy Holding Co. (NYSE:YGE) fell 1.6% on Monday . The stock traded as low as $3.76 and last traded at $3.76, with a volume of 87,004 shares traded. The stock had previously closed at $3.82.
Several brokerages have recently weighed in on YGE. Roth Capital reaffirmed a “sell” rating and issued a $3.50 target price (up previously from $3.10) on shares of Yingli Green Energy Holding in a research report on Wednesday, June 15th. Zacks Investment Research raised Yingli Green Energy Holding from a “hold” rating to a “buy” rating and set a $3.75 target price for the company in a research report on Wednesday, May 18th. Axiom Securities reissued a “sell” rating on shares of Yingli Green Energy Holding in a report on Friday. Finally, Credit Suisse Group AG reduced their price target on Yingli Green Energy Holding from $3.00 to $2.50 and set an “underperform” rating for the company in a report on Thursday, August 18th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. Yingli Green Energy Holding has an average rating of “Hold” and a consensus price target of $6.05.
The stock’s market cap is $68.71 million. The company has a 50-day moving average price of $4.01 and a 200-day moving average price of $4.19.
Yingli Green Energy Holding (NYSE:YGE) last announced its quarterly earnings data on Tuesday, August 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.35) by $1.25. The firm had revenue of $379.80 million for the quarter, compared to analysts’ expectations of $370.54 million. During the same quarter in the prior year, the business posted ($0.53) earnings per share. On average, analysts expect that Yingli Green Energy Holding Co. will post ($1.38) earnings per share for the current year.
Yingli Green Energy Holding Company Limited is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. The Company’s end products include photovoltaic (PV) modules and PV systems of different sizes and power outputs.
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