Sunworks (NASDAQ:SUNW) Trading Up 8%
Sunworks Inc (NASDAQ:SUNW)’s stock price was up 8% during trading on Thursday . The stock traded as high as $0.55 and last traded at $0.54, approximately 428,547 shares changed hands during trading. A decline of 33% from the average daily volume of 642,747 shares. The stock had previously closed at $0.50.
Several equities research analysts recently commented on SUNW shares. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Zacks Investment Research downgraded Hallmark Financial Services from a “buy” rating to a “hold” rating in a report on Thursday, July 18th.
The company has a market cap of $14.42 million, a price-to-earnings ratio of -4.04 and a beta of 2.83. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 0.19. The firm’s fifty day moving average price is $0.61.
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.
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