Somewhat Positive News Coverage Somewhat Unlikely to Impact Yingli Green Energy Holding Company Limited (YGE) Share Price
Media headlines about Yingli Green Energy Holding Company Limited (NYSE:YGE) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Yingli Green Energy Holding Company Limited earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave media coverage about the solar energy provider an impact score of 44.1094536403413 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
YGE has been the topic of a number of recent analyst reports. Axiom Securities reaffirmed a “buy” rating on shares of Yingli Green Energy Holding Company Limited in a research note on Saturday, July 22nd. Zacks Investment Research raised shares of Yingli Green Energy Holding Company Limited from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Four research analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. The company currently has a consensus rating of “Sell” and a consensus price target of $2.25.
Shares of Yingli Green Energy Holding Company Limited (YGE) traded down $0.04 during mid-day trading on Tuesday, hitting $2.21. 35,900 shares of the stock traded hands, compared to its average volume of 81,315. Yingli Green Energy Holding Company Limited has a 1-year low of $1.79 and a 1-year high of $3.65. The company has a debt-to-equity ratio of -0.33, a quick ratio of 0.39 and a current ratio of 0.46.
Yingli Green Energy Holding Company Limited (NYSE:YGE) last announced its quarterly earnings data on Tuesday, September 19th. The solar energy provider reported ($2.40) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.05) by ($0.35). The firm had revenue of $468.00 million for the quarter, compared to analyst estimates of $415.00 million. During the same quarter in the prior year, the firm posted $0.09 EPS. analysts forecast that Yingli Green Energy Holding Company Limited will post -8.91 earnings per share for the current fiscal year.
About Yingli Green Energy Holding Company Limited
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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