Yingli Green Energy Hold. Co. Ltd (NYSE:YGE) down by 6.35%, Houston American Energy Corporation (NYSEMKT:HUSA)

Posted by George Brook May 15, 2013 0 Comment 1351 views


Greensboro, NC 05/15/2013 (GDPInsider) – Yingli Green Energy Hold. Co. Ltd (NYSE:YGE): The trading session on Tuesday saw Yingli Green Energy Hold. Co. Ltd (NYSE:YGE) climbing down by 6.35%. It opened at a price of $2.49 which touched an intraday high of $2.52 before moving down to close at $2.34 per share. Around 2.58 million shares traded hands in the previous trading session, which stood above the average volume of 2.46 million that was measured over 30 days.

YGE is a global vertically integrated photovoltaic (PV) manufacturer. The Company is involved in the designing, manufacturing and commercialization of PV modules. It also creates, assembles, sells and installs PV systems. Yingli Green Energy Hold. Co. Ltd (NYSE:YGE)’s services and products include the manufacture of PV cells, polysilicon wafers and ingots, integrated PV systems as well as PV modules. Its end-products include PV systems and PV modules in various power outputs and sizes. It sells PV modules under the Yingli Solar and Yingli which are its own brand names. These products are sold to PV system distributors and integrators located in different markets across the world.

Is YGE a solid investment at these levels? Get valuable updates and exclusive insights here.

Houston American Energy Corporation (NYSEMKT:HUSA): The trading session on Tuesday saw Houston American Energy Corporation (NYSEMKT:HUSA) climbing down by 8.30%. It opened at a price of $0.23 which was also the intraday high for the day, before it moved down to close at $0.22 per share. Around 0.392 million shares traded hands in the previous trading session which was lower compared to the average volume of 0.262 million that was measured over 30 days.

The HUSA stock is trading above all key, short-term indicators which give it a bullish trend. The stock performance over the past five trading sessions has been +33.68%. In the same period, it has had a volatility of around 12.37%. To get a clearer picture about the stocks future performance we can take a look at the insider ownership which is 15.33% and institutional ownership that stands at around 22.80%. This big holding level indicates that in the coming days the stock is on a bullish trend.

Houston American Energy Corporation (NYSEMKT:HUSA) is an independent oil and gas company. It focuses on the developing, exploring, exploiting, acquiring and producing crude oil and natural gas and properties in the U.S Gulf Coast region as well as in South America.

How Should Investors Trade HUSA Now? Get the latest trends and data here.

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About George Brook

George Brook covers money and politics for GDP Insider. George is a veteran journalist who has also covered Congress, national political conventions and presidential politics. George also covers the White House as well as economic and domestic policy for GDP insider. George's reporting has won numerous awards, including two Scripps Howard awards, two National Headliners, two Gerald Loeb Awards, as well as honors from Sigma Delta Chi and the National Press Club.

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