Xinyi Solar Holdings Limited (OTCMKTS:XNYIF – Get Free Report) shares traded up 27.2% during mid-day trading on Monday . The stock traded as high as $0.39 and last traded at $0.39. 2,500 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 3,529 shares. The stock had previously closed at $0.30.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded Xinyi Solar from a “buy” rating to a “sell” rating in a research note on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on XNYIF
Xinyi Solar Stock Up 27.2%
Xinyi Solar Company Profile
Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses to photovoltaic module manufacturers.
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