Yingli Green Energy Holding (YGE) Soars: Stock Adds 24.4% in Session – Tale …

January 3, 2014 by  
Filed under Green Energy News

Yingli Green Energy Holding Co. Ltd. ( YGE ) was a big mover last session, as the company saw its shares rise by over 24% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.18 to $5.34 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Yingli Green Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the solar industry include First Solar, Inc. ( FSLR ), JinkoSolar Holding Co., Ltd. ( JKS ) and Enphase Energy, Inc. ( ENPH ). While First Solar carries a Zacks Rank #1 (Strong Buy), JinkoSolar and Enphase Energy hold a Zacks Rank #2 (Buy).

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