Roth Capital reaffirmed their sell rating on shares of Yingli Green Energy (NYSE:YGE) in a report published on Wednesday morning. They currently have a $2.00 target price on the solar energy provider’s stock.
Separately, Axiom Securities reaffirmed a sell rating on shares of Yingli Green Energy in a research report on Friday, September 8th.
Yingli Green Energy (NYSE:YGE) opened at $1.70 on Wednesday. Yingli Green Energy has a 1 year low of $1.70 and a 1 year high of $3.35. The company has a market capitalization of $30.87, a price-to-earnings ratio of -0.04 and a beta of 2.33. The company has a debt-to-equity ratio of -0.31, a current ratio of 0.48 and a quick ratio of 0.39.
A number of large investors have recently made changes to their positions in YGE. GMT Capital Corp acquired a new position in Yingli Green Energy during the 3rd quarter valued at about $506,000. Commerzbank Aktiengesellschaft FI increased its position in Yingli Green Energy by 119.1% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 44,849 shares of the solar energy provider’s stock valued at $102,000 after buying an additional 24,379 shares in the last quarter. Edmond DE Rothschild Holding S.A. grew its stake in Yingli Green Energy by 8.6% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 157,500 shares of the solar energy provider’s stock valued at $358,000 after purchasing an additional 12,500 shares during the last quarter. Finally, Profund Advisors LLC grew its stake in Yingli Green Energy by 5.2% during the 2nd quarter. Profund Advisors LLC now owns 52,326 shares of the solar energy provider’s stock valued at $119,000 after purchasing an additional 2,565 shares during the last quarter. 3.29% of the stock is currently owned by institutional investors.
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About Yingli Green Energy
Yingli Green Energy Holding Company Limited is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. The Company’s end products include photovoltaic (PV) modules and PV systems of different sizes and power outputs.
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