Pre-market Technical Pulse on Semiconductor Stocks -- Vivint Solar, Cirrus Logic, Canadian Solar, and SPI Energy
NEW YORK, Nov. 21, 2017 /PRNewswire/ -- If you want a Stock Review on VSLR, CRUS, CSIQ, or SPI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Research coverage has been initiated by DailyStockTracker.com on Vivint Solar Inc. (NYSE: VSLR), Cirrus Logic Inc. (NASDAQ: CRUS), Canadian Solar Inc. (NASDAQ: CSIQ), and SPI Energy Co. Ltd (NASDAQ: SPI). Semiconductor Specialized firms create microchips that act as the "brain" for a number of devices in the Technology field. Specifically, these companies specialize and focus their efforts on a particular field. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at: http://dailystocktracker.com/register/
Vivint Solar
Last Friday, shares in Lehi, Utah headquartered Vivint Solar Inc. ended the session 2.90% higher at $3.55. The stock recorded a trading volume of 251,355 shares. The Company's shares have advanced 39.22% on an YTD basis. The stock is trading below its 50-day moving average by 6.55%. Furthermore, shares of Vivint Solar, which provides distributed solar energy to residential, commercial, and industrial customers in the US, have a Relative Strength Index (RSI) of 44.03.
On November 02nd, 2017, Vivint Solar announced that it has expanded availability of its affordable solar energy systems into Delaware. Following this expansion into the "First State," the Company now operates in 21 US states. VSLR complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=VSLR
Cirrus Logic
Austin, Texas headquartered Cirrus Logic Inc.'s stock finished 0.81% higher at $56.22 with a total trading volume of 555,201 shares. The Company's shares have gained 6.20% in the last one month and 2.35% in the previous three months. The stock is trading above its 50-day moving average by 2.01%. Moreover, shares of Cirrus Logic, which develops, manufactures, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets, have an RSI of 54.29.
On November 02nd, 2017, Cirrus Logic announced that CEO Jason Rhode will present at the NASDAQ 37th Investor Conference on December 05th, 2017 at 4:00 p.m. GMT at The May Fair Hotel in London. A live webcast of the presentation will be available on the Company's investor relations website.
On November 03rd, 2017, research firm Craig Hallum reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $63 a share to $54 a share. The complimentary report on CRUS can be downloaded at: http://dailystocktracker.com/registration/?symbol=CRUS
Canadian Solar
Shares in Guelph, Canada-based Canadian Solar Inc. closed the day 1.91% higher at $18.13. The stock recorded a trading volume of 703,642 shares. The Company's shares have gained 13.74% in the last month, 20.31% over the previous three months, and 48.85% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.60% and 21.46%, respectively. Moreover, shares of Canadian Solar, which together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name, have an RSI of 58.35.
On November 10th, 2017, research firm ROTH Capital upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On November 16th, 2017, Canadian Solar (CSIQ) announced the completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY7.4 billion ($66.0 million), dual-tenor, green-project bond was issued to finance CSIQ's 27.3 MWp Tottori Solar Power Plant in Tottori Prefecture, Japan. The Tottori solar power plant achieved commercial operations in August 2017, and the electricity generated is currently being purchased by the Chugoku Electric Power Company, Inc. under a 20-year, feed-in-tariff contract at the rate of JPY40.0 ($0.36) per kWh. Sign up for your complimentary report on CSIQ at: http://dailystocktracker.com/registration/?symbol=CSIQ
SPI Energy
Shanghai, China headquartered SPI Energy Co. Ltd's shares recorded a trading volume of 784,315 shares last Friday. The stock closed 1.72% higher at $1.18. The Company's shares have skyrocketed 186.41% in the previous three months. The stock is trading 4.49% and 29.78% above its50-day and 200-day moving averages, respectively. Additionally, shares of SPI Energy, which provides engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies in China and the US, have an RSI of 47.86.
On November 15th, 2017, SPI Energy announced that its wholly owned subsidiary, SPI Solar Japan GK, has completed a successful grid-connection and sales of "Shibayama 1" solar plant in Chiba prefecture, east of Tokyo, with capacity of 2.4 MW and an estimated total capacity of 3,100,000 kWh annually. This project was among a total of 4.8 MW under construction by Kyocera, Japan, with 20 years FIT at 36 yen/kWh supply to Tokyo Electric Power Company - one of the major electricity suppliers in Japan. Download the research report for free on SPI at: http://dailystocktracker.com/registration/?symbol=SPI
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