Chardan Capital Downgrades Sunworks (SUNW) to Neutral
Chardan Capital lowered shares of Sunworks (NASDAQ:SUNW) from a buy rating to a neutral rating in a research note released on Tuesday, Marketbeat reports.
Separately, Zacks Investment Research downgraded Sunworks from a hold rating to a sell rating in a report on Saturday, August 11th.
Shares of SUNW stock opened at $0.72 on Tuesday. Sunworks has a 1-year low of $0.65 and a 1-year high of $1.88. The company has a current ratio of 1.23, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. The firm has a market cap of $22.87 million, a PE ratio of -2.25 and a beta of 1.42.
Sunworks Company Profile
Sunworks, Inc, through its subsidiaries, provides photo voltaic based power systems for the agricultural, commercial, industrial, and residential markets in California, Nevada, Oregon, and Washington, the United States. The company also designs, arranges, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger commercial projects.
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