SMA Solar Technology (SMTGF) Expected to Announce Quarterly Earnings on Thursday

SMA Solar Technology (OTCMKTS:SMTGF) is expected to release its results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of $0.6740 per share and revenue of $407.5330 million for the quarter.

SMA Solar Technology Stock Performance

Shares of OTCMKTS SMTGF opened at $62.10 on Tuesday. SMA Solar Technology has a 1 year low of $18.20 and a 1 year high of $82.00. The company’s 50-day moving average is $63.68 and its 200 day moving average is $55.19.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating on shares of SMA Solar Technology in a report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, SMA Solar Technology has an average rating of “Buy”.

About SMA Solar Technology

SMA Solar Technology AG is a Germany-based company specializing in the development, production and sale of photovoltaic inverters and energy management solutions for all types of solar power applications. The company’s product portfolio spans string inverters, central inverters and hybrid inverter systems designed for residential, commercial and utility-scale installations. In addition to core inverter technology, SMA offers integrated energy storage solutions, system monitoring platforms and digital services aimed at optimizing solar power generation and grid integration.

Founded in 1981 and headquartered in Niestetal near Kassel, SMA Solar Technology has grown into a global supplier with a presence in Europe, the Americas and Asia-Pacific.