NEW YORK (
) hit a new 52-week low Friday as it is currently trading at $2.53, below its previous 52-week low of $2.54 with 311,823 shares traded as of 10:05 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.
LDK Solar has a market cap of $388.5 million and is part of the
industry. Shares are down 27.2% year to date as of the close of trading on Thursday.
LDK Solar Co., Ltd., together with its subsidiaries, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products; and development of power plant projects.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
TheStreet Ratings rates LDK Solar as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full
or get investment ideas from our