Canadian Solar Inc. (NASDAQ:CSIQ) down by 1.49%, Halozyme Therapeutics Inc. (NASDAQ:HALO)

Posted by Steve Raasch May 16, 2013 0 Comment 1037 views


Canadian Solar Inc. (NASDAQ:CSIQ) closed down by 1.49% at $7.26 in the Wednesday’s trading session. The share price of Canadian hit a high of $7.98 and a low of $7.23 during the day, after opening at $7.75. The market capitalization of the stock is $313.31 million. The earnings per share is negative of -$4.52 reflecting that the company is unable to generate profits in its business operations the EPS declined by 114.69% during the year. The EPS for the coming quarter is expected to be -$0.78. The quarter on quarter decline in the company’s sales is 37.81% whereas the EPS growth quarter on quarter is negative of 74.97%. The stock has posted a year to date performance of 116.76%.

The company announced that it has successfully completed the expansion of the company’s partner Romano Sustainable Solutions, in Africa. The company’s subsidiary Canadian Solar Solutions has donated has donated solar modules which will power the OrcaLab Whale Research Centre.

Halozyme Therapeutics Inc. (NASDAQ:HALO) closed up by $0.45 at $7.74 in the Wednesday’s trading session. The share price of Halozyme hit a high of $7.27 and a low of $6.73 during the day, after opening at $6.97. The market capitalization of the stock is $762.45 million. The earnings per share is negative of -$0.48 reflecting that the company is unable to generate profits in its business operations the EPS declined by 150.13% during the year. The EPS estimates for the next year is -$0.38, a narrower loss for the company, and for the coming quarter the EPS is expected to be -$0.13. The quarter on quarter growth in the company’s sales is 803.86% whereas the EPS growth quarter on quarter is positive of 77.98%. The stock has posted a year to date performance of 0.00%.

Piper Jaffray initiated coverage on the stock and has an “Overweight” rating on the stock.


About Steve Raasch

Steve Raasch is a breaking news reporter for GDP insider. During his nearly two decades of editorial experience, Steve has covered a variety of topics including small business, health, personal finance, advertising, workplace issues and consumer behavior. Steve is very passionate about his work. Steve earned a master of arts degree in international relations from the Johns Hopkins University School of Advanced International Studies in Washington.

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