Trina Solar Limited (NASDAQ:TSL) is in Competitive market – HCS

Boston, MA 04/11/2013 (wallstreetpr) – Trina Solar Limited (NASDAQ:TSL) is currently trading at $4.26 which is down 3.18%.  The stock previously closed at $4.40 yesterday and opened this morning at $4.32.  The 52 week range of the stock is $2.04 – $7.99 with an average volume of 3,156,360 over three months.  The beta of the stock is 2.65 with an earnings per share of -4.00.  The market capitalization is 338.34 million dollars with a volume of 3,233,977 and 81,365,000 shares outstanding.  The average price over 50 days has been $4.3864 and over 200 days has been $4.5398.  Trina Solar manufactures and sells solar powered products with its headquarters in China.  In February the company reported their sixth consecutive quarterly loss.  The company is in a highly competitive market, which as a whole has experienced losses.  The shrinking demand of solar equipment has a great deal to do with the decrease in sales and profitability for all companies in the market.  Currently Trina Solar owes about $83.5 million on a senior note that is due in July this year.

HSBC Holdings, plc. Perpetual Sub Cap Secs (NYSE:HCS) provides financial and banking products and services including savings accounts, mortgages, personal loans, credit cards, international payment services, investment products and financial planning services.  Currently the stock is trading at $25.51 which is up $.04 or 0.16%.  The stock closed yesterday at $25.47 and opened this morning at $25.51.  The daily range so far has been $25.42 – $25.54.  The average volume over three months is 97,339 with the current volume at 58,002.  The market capitalization is 468.58 billion dollars and the shares outstanding are 88 million.  The average volume for 50 days is 91,649 and for 200 days is 111,232.  The 52 week range for the stock prices is 25.26 experienced on March 26, 2013 and 26.71 experienced on June 29, 2012.  In the last year the stock prices have been on a roller-coaster ride, experiencing drastic ups and downs throughout the year.  In the past 3 months the stock had a peak in February and then dropped down until the middle of March where it has since dropped drastically from there.

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Published by Nicholas Maithya

Nicholas is a Financial Analyst by profession, who enjoys writing about investments, technological developments, business, economics and other financial topics at various financial publications. Join him here on as he endeavors to deliver to you the latest breaking news on the above mentioned fronts. Contact him by email at or follow Nicholas Kitonyi @nmaithyak on Twitter.

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