Yingli Green Energy Holding Co. (NYSE:YGE) was downgraded by research analysts at Axiom Securities from a “buy” rating to a “sell” rating in a report issued on Wednesday.

YGE has been the topic of a number of other reports. Zacks Investment Research downgraded Yingli Green Energy Holding from a “buy” rating to a “hold” rating in a research report on Saturday, October 22nd. Credit Suisse Group AG reaffirmed an “underperform” rating and set a $2.50 price objective on shares of Yingli Green Energy Holding in a report on Monday.

Shares of Yingli Green Energy Holding (NYSE:YGE) opened at 3.37 on Wednesday. The firm’s market capitalization is $61.25 million. The company has a 50-day moving average price of $3.80 and a 200 day moving average price of $3.84. Yingli Green Energy Holding has a 52-week low of $2.86 and a 52-week high of $8.00.

Yingli Green Energy Holding (NYSE:YGE) last released its earnings results on Tuesday, August 23rd. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.25. The firm had revenue of $379.80 million for the quarter, compared to analyst estimates of $370.54 million. During the same period last year, the business earned ($0.53) earnings per share. Analysts expect that Yingli Green Energy Holding will post ($1.36) EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the stock. KCG Holdings Inc. bought a new stake in Yingli Green Energy Holding during the second quarter worth $117,000. Smith Asset Management Group LP bought a new stake in Yingli Green Energy Holding during the second quarter worth $182,000. Profund Advisors LLC boosted its position in Yingli Green Energy Holding by 13.0% in the third quarter. Profund Advisors LLC now owns 51,792 shares of the company’s stock worth $200,000 after buying an additional 5,976 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in Yingli Green Energy Holding by 20.5% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 60,122 shares of the company’s stock worth $244,000 after buying an additional 10,243 shares during the period. Finally, California Public Employees Retirement System boosted its position in Yingli Green Energy Holding by 4.1% in the second quarter. California Public Employees Retirement System now owns 152,719 shares of the company’s stock worth $620,000 after buying an additional 6,000 shares during the period. 7.64% of the stock is currently owned by institutional investors.

Yingli Green Energy Holding Company Profile

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.

5 Day Chart for NYSE:YGE

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