Evergreen Solar Stock Gaps Down On Today's Open (ESLR)
Shares of Evergreen Solar (Nasdaq:ESLR) were gapping down Thursday morning with an open price 32.7% lower than Wednesday's closing price. The stock closed at $2.08 yesterday and opened today's trading at $1.40.
NEW YORK ( TheStreet) -- Shares of Evergreen Solar (Nasdaq: ESLR) were gapping down Thursday morning with an open price 32.7% lower than Wednesday's closing price. The stock closed at $2.08 Wednesday and opened today's trading at $1.40. The average volume for Evergreen Solar has been one million shares per day over the past 30 days. Evergreen Solar has a market cap of $83.1 million and is part of the technology sector and electronics industry. Shares are up 131.7% year to date as of the close of trading on Wednesday. Evergreen Solar, Inc. develops, manufactures, and markets solar power products primarily in the United States and Europe. TheStreet Ratings rates Evergreen Solar as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Evergreen Solar Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.