Trina Solar Stock Soars (TSL)
NEW YORK (
) -- Shares of
(NYSE:
) have taken a tremendous swing upward. The stock is trading at $11.11 as of 11:45 a.m. ET, 20.4% above Wednesday's closing price of $9.23. Volume is at nine million, 3.1 times the daily average of 2.9 million.
Trina Solar has a market cap of $627.3 million and is part of the
sector and
industry. Shares are up 38.2% year to date as of the close of trading on Wednesday.
Trina Solar Limited, through its subsidiaries, designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide. The company has a P/E ratio of two, below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Trina Solar as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full
.
See our
for other stocks that are soaring today, or get investment ideas from our
.
Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting
SOAR
to 95370 or select from
.
null
