Sunworks Inc (NASDAQ:SUNW) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $1.20 and traded as low as $1.07. Sunworks shares last traded at $1.09, with a volume of 1,025,135 shares traded.

Several analysts recently weighed in on the company. ValuEngine raised Sunworks from a “hold” rating to a “buy” rating in a report on Friday, January 3rd. Zacks Investment Research raised Sunworks from a “sell” rating to a “hold” rating in a report on Thursday, January 9th.

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.07 and a quick ratio of 0.95. The stock has a market capitalization of $6.02 million, a P/E ratio of -0.59 and a beta of 2.71. The company has a fifty day moving average of $1.20 and a two-hundred day moving average of $1.52.

Sunworks (NASDAQ:SUNW) last announced its quarterly earnings data on Thursday, October 31st. The semiconductor company reported ($0.26) earnings per share for the quarter. The firm had revenue of $17.55 million during the quarter, compared to the consensus estimate of $19.50 million. Sunworks had a negative net margin of 11.81% and a negative return on equity of 74.63%. As a group, equities research analysts predict that Sunworks Inc will post -0.47 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in SUNW. Vanguard Group Inc. increased its holdings in Sunworks by 392.2% in the second quarter. Vanguard Group Inc. now owns 1,143,273 shares of the semiconductor company’s stock valued at $623,000 after buying an additional 910,982 shares during the last quarter. Amundi Pioneer Asset Management Inc. increased its holdings in Sunworks by 113.3% in the second quarter. Amundi Pioneer Asset Management Inc. now owns 1,066,669 shares of the semiconductor company’s stock valued at $2,526,000 after buying an additional 566,575 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in Sunworks by 124.4% in the second quarter. BlackRock Inc. now owns 111,529 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 61,826 shares during the last quarter. 9.45% of the stock is owned by hedge funds and other institutional investors.

Sunworks Company Profile (NASDAQ:SUNW)

Sunworks, Inc, through its subsidiaries, provides photo voltaic based power systems for the agricultural, commercial, industrial, and residential markets in California, Nevada, Oregon, and Washington, the United States. The company also designs, arranges, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger commercial projects.

Recommended Story: Purposes and Functions of the Federal Reserve

Receive News & Ratings for Sunworks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunworks and related companies with MarketBeat.com's FREE daily email newsletter.