This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

China Sunergy (CSUN) Is Today's Dead Cat Bounce Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified China Sunergy ( CSUN) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified China Sunergy as such a stock due to the following factors:

  • CSUN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $13.3 million.
  • CSUN has traded 2.6 million shares today.
  • CSUN is up 5% today.
  • CSUN was down 8.7% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CSUN with the Ticky from Trade-Ideas. See the FREE profile for CSUN NOW at Trade-Ideas

More details on CSUN:

China Sunergy Co., Ltd., together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar cells and modules in the People's Republic of China and internationally. Currently there are no analysts that rate China Sunergy a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for China Sunergy has been 192,600 shares per day over the past 30 days. China Sunergy has a market cap of $48.6 million and is part of the technology sector and electronics industry. Shares are up 130.3% year to date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Analysis:

TheStreet Quant Ratings rates China Sunergy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and feeble growth in its earnings per share.

Highlights from the ratings report include:
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income has significantly decreased by 139.3% when compared to the same quarter one year ago, falling from -$9.55 million to -$22.86 million.
  • The gross profit margin for CHINA SUNERGY CO LTD is currently extremely low, coming in at 0.43%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -37.04% is significantly below that of the industry average.
  • CHINA SUNERGY CO LTD has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, CHINA SUNERGY CO LTD reported poor results of -$9.98 versus -$7.04 in the prior year. This year, the market expects an improvement in earnings (-$3.70 versus -$9.98).
  • CSUN, with its decline in revenue, slightly underperformed the industry average of 8.2%. Since the same quarter one year prior, revenues slightly dropped by 9.9%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Compared to its closing price of one year ago, CSUN's share price has jumped by 383.87%, exceeding the performance of the broader market during that same time frame. Regarding the future course of this stock, we feel that the risks involved in investing in CSUN do not compensate for any future upside potential, despite the fact that it has seen nice gains over the past 12 months.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,711.90 +60.64 0.34%
S&P 500 2,057.23 +6.11 0.30%
NASDAQ 4,738.7810 +13.1420 0.28%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs