Trina Solar Stock Hits New 52-Week Low (TSL)

NEW YORK ( TheStreet) -- Trina Solar (NYSE: TSL) hit a new 52-week low Tuesday as it is currently trading at $5.24, below its previous 52-week low of $5.28 with 4.5 million shares traded as of 3:25 p.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Trina Solar has a market cap of $463.8 million and is part of the technology sector and electronics industry. Shares are down 12.6% year to date as of the close of trading on Monday.

Trina Solar Limited, an integrated solar-power products manufacturer, engages in the design, development, manufacture, and sale of photovoltaic (PV) modules worldwide.

TheStreet Ratings rates Trina Solar as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Trina Solar Ratings Report.

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