Trina Solar Limited (NYSE: TSL)
Trina Solar Limited (NYSE: TSL) is a leading, vertically-integrated, manufacturer of solar photovoltaic (PV) products. TSL announced today, January 11, 2012 from Changzhou, China, the offering of a three-pronged service solution featuring complimentary design services, newly available high performance ‘Honey’ modules and the rapid install Trinamount racking system.
As of now, users of Trina Solar modules will receive an additional benefit of a complimentary design service that delivers preliminary system layouts and performance projections for large rooftop installations. Users will submit a short site survey form after which Trina Solar will craft custom-tailored PV installation plans.
Revolutionizing the solar energy market , this new design service comes online as Trina Solar also announced the availability of its high performance 60-cell, up to 260 Watt, ‘Honey’ module series for North America . The new ‘Honey’ cell is produced using state of the art process tools supplied by North American vendors. The cells feature a numerous advancements including greater surface area and more efficient capture of sunlight.
These advancements for the new ‘Honey’ cell results in more power per area. In September, 2011, TUV Rheinland confirmed laboratory tests which TSL demonstrated that a 60 ‘Honey’ cell module set a world record for multicrystalline module power by reaching a 274 Watt peak.
Based in Changzhou, Jiangsu, Trina Solar Limited’s stock is traded under the symbol TSL on the New York Stock Exchange (NYSE) and has 12,863 listed full time employees.
Click Here to watch Interview with Mark Kingsley, Chief Commercial Officer at Trina Solar.
|Trading Symbol:||NYSE: TSL|
|Avg Vol (3 month):||2,719,750|
|Avg Vol (10 day):||1,523,900|
|Total Cash (mrq):||$675.03M|
|Shares Outstanding:||70.44 million shares|
|Float:||59.34 million shares|
|Shares Held by Insiders:||12%|
|Institutions Holding Shares:||120|
|Top Institutional Holder:||7,062,472 shares
Platinum Investment Management, Ltd.
(as of 9/30/2011)
|Top Mutual Fund Holder:||4,000,000 shares
Ivy Global Natural resources Fund
(as of 9/30/2011)
|Contact Information:||No 2 Tian He Road Electronics Park
|Investor/Analyst inquiries:||Mr. Thomas Young
Senior Director Investor RelationsPhone: +86 519 8548 2008
|Analyst Recommendations:||(current month)|
Trina Solar, Ltd.(NYSE: TSL) opening price in the stock market today is $7.30.
TSL is trading 1.41% above its 50 day moving average and -33.98% below its 200 day moving average.
TSL is -76.51% below its 52-week high of $31.08 and 38.26% above its 52-week low of $5.28.
TSL‘s PE ratio is 2.97 and its market cap is $514.22M.
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