Trina Solar Limited (NYSE:TSL) moved down -0.58% and closed its last trading session at $10.21. This Oils-Energy Sector stock currently has the Market Capitalization of 936.77 Million. The Average Volume for the stock is measured as 1.3 Million. The Stock has a 52-Week High of $11.35 and 52-Week Low of $6.91 following the dates, it touched its 52-Week High on Dec 24, 2015 and 52-Week Low on Jun 27, 2016. Currently, the Return on Assets value for the trailing twelve months is 1.9% with the Return on Equity and Return on Investment of 8.3% and 5.3% respectively. This firm currently has YTD (year to date) performance of -7.35 Percent which is not good. The Short Ratio for the stock is 5.73.
Trina Solar Limited (NYSE:TSL) Price to Earnings (P/E) ratio is 12.91. EPS or Earning per Share stands at $0.79. The TTM operating margin is 6.1 percent.
Trina Solar Limited (NYSE:TSL) is due to report its Earnings on Mon 28 Nov (In 12 Days). The estimated EPS for the current quarter is said to be $0.16. Following Earnings result, share price were UP 14 times out of last 27 Qtrs. The stock has reduced about -2.5% since it reported its last earnings. The Closing price of Trina Solar Limited (NYSE:TSL) at Last Earnings was $10.53 as compared to the previous closing price of $10.27. The Predicted Move on the 7th day after Trina Solar Limited (NYSE:TSL) will release its earnings at about 9%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Trina Solar Limited (NYSE:TSL) beats earnings by 83%, The Stock Missed Earnings 1 times and has met earnings 1 times.
We will discuss the past Quarters Earnings below:
Trina Solar Limited (NYSE:TSL) reported its previous quarter on 08/23/2016 where it reported the Actual Earnings of $0.42. The Closing price before the company posted its earnings was $10.53. The Stock surged on the very next day of earnings and maintained its stock price at $10.54 by showing a % change of 0.09 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.59 Million. On the 7th day After Earnings Report, the stock hit its share price as $10.61 by showing 0.76% increase from the Stock price Before Earnings were reported.
On 05/26/2016, the stock reported the EPS of $0.29 where Analysts were projecting the EPS to be $0.22 showing a difference of $0.07. Thus Surprise Factor was there with 31.8 percent. Before Earnings Announcement on 05/26/2016, the firm had its stock price of $8.85. And immediately on the next day after earnings announcement, the stock declined -1.58% and closed its trading session at $8.71. On 7th Day after earnings release, Trina Solar Limited (NYSE:TSL) dropped to -8.47% from $8.85 to $8.1.
On 03/03/2016, Analysts were suspecting EPS of $0.28/share where Trina Solar Limited (NYSE:TSL) reported its Actual EPS of $0.43. Thus showing a Surprise of 53.6 percent. The Closing Price of the stock before earnings was $10.43 while on the Next day the stock closed its trading session at $10.46 with a percentage change of 0.29% from the price of 10.43 before Earnings. The Stock Closing Price on the 7th day of earnings was $10.55.
Trina Solar Limited operates as an integrated solar power products manufacturer and solar system developer in the Peoples Republic of China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. In addition, the company designs, constructs, sells, and/or operates solar power projects. Trina Solar Limited sells its products to power plant developers and operators, distributors, wholesalers, PV system integrators, and regional and national grid operators. Trina Solar Limited was founded in 1997 and is headquartered in Changzhou, the Peoples Republic of China.