Xinyi Solar Holdings Limited (OTCMKTS:XNYIF – Get Free Report) was down 4.6% on Friday. The stock traded as low as $0.2419 and last traded at $0.2419. Approximately 405 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,778 shares. The stock had previously closed at $0.2536.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of Xinyi Solar from a “neutral” rating to a “buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.
Check Out Our Latest Report on XNYIF
Xinyi Solar Stock Performance
Xinyi Solar Company Profile
Xinyi Solar Holdings Limited is a China-based renewable-energy company focused primarily on the manufacture and sale of solar photovoltaic (PV) glass. Its products include ultra-clear patterned glass and other specialized glass products used in solar modules, where they help protect photovoltaic cells while allowing sunlight to pass through efficiently.
The company also develops, constructs, owns and operates solar power projects. Through these activities, Xinyi Solar participates in multiple stages of the solar-energy value chain, including PV glass production, solar-farm development and electricity generation.
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