Stocks to Watch: Trina Solar (NYSE:TSL), Yingli Green Energy (NYSE:YGE), First Solar (NASDAQ:FSLR), Suntech Power (OTCMKTS:STPFQ), LDK Solar (OTCMKTS:LDKSY)

Technology Stocks News 3

Shares of Trina Solar Limited (ADR) (NYSE:TSL) have received an average rating of “Buy” from the thirteen analysts that are covering the stock, American Banking & Market News reports. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Trina Solar Limited (ADR) (NYSE:TSL) stock performance was -4.31% in last session and finished the day at $11.10. Traded volume was 13.50million shares in the last session and the average volume of the stock remained 5.34million shares. The beta of the stock remained 2.63.

Research analysts at Deutsche Bank lowered their price target on shares of Yingli Green Energy Hold. Co. (ADR) (NYSE:YGE) from $8.00 to $6.00 in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 110.53% from the stock’s previous close. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) rose 0.70 percent to $2.87 Friday on volume of 2.11million shares. The intra-day range of the stock was $2.830 to $2.920. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has a market capitalization of $521.66million.

First Solar, Inc. (NASDAQ:FSLR) and its peers in China, Malaysia and Taiwan, are accused of dumping their products in India by offering them at prices below the costs, thereby hurting homegrown manufacturers. However, the company is up in arms against the claims and this week it moved to court to stop a recommendation for stiffer duties on its solar-panels. First Solar, Inc. (NASDAQ:FSLR)’s stock on June 06, 2014 reported a decrease of -1.78% to the closing price of $62.88. Its fifty two weeks range is $35.59 -$74.84. The total market capitalization recorded $6.30billion. The overall volume in the last trading session was 2.61million shares. In its share capital, FSLR has 100.12million outstanding shares.

Suntech Power Holdings Co. Ltd. (ADR) (OTCMKTS:STPFQ) last year agreed to sell Wuxi Suntech, its main Chinese operation, to Shunfeng Photovoltaic International Ltd. as part of an effort to pay off debt. On Friday, shares of Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) close the day at $0.310.

LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) has been running of fumes for most of the last year, as massive debt made the company post huge losses. The company has lost a huge amount of marketshare and its billion dollar poly plant remains shut, as it is not economically viable. Improvement in technology has made this plant obsolete and the company has not been generating profits. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) stock finished the day at $0.640. The beta of the stock remained 2.93.

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