SunPower Corporation (SPWR) Shares are Down -5.52%

SunPower Corporation (SPWR) : During the past 4 weeks, traders have been relatively bearish on SunPower Corporation (SPWR), hence the stock is down -31.82% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.9% relative to the S&P 500. The 4-week change in the price of the stock is -31.96% and the stock has fallen -5.52% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 18.28% and the fifty day Moving Average is 28.68%. SunPower Corporation has dropped 42.53% during the last three month period . Year-to-Date the stock performance stands at -66.94%.

SunPower Corporation (SPWR) stock is expected to deviate a maximum of $5.88 from the average target price of $17.92 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $28 and the most muted being $11.


SunPower Corporation (NASDAQ:SPWR): stock turned positive on Friday. Though the stock opened at $9.92, the bulls momentum made the stock top out at $10.3 level for the day. The stock recorded a low of $9.76 and closed the trading day at $9.92, in the green by 0.81%. The total traded volume for the day was 3,278,669. The stock had closed at $9.84 in the previous days trading.

SunPower Corporation (SunPower) is a global energy company. The Company provides design, manufacturing, installation, ongoing maintenance and monitoring and adjacent services. The Company provides solar technology to residential, commercial and utility customers worldwide. The Company operates through three segments: the Americas Segment, the EMEA Segment and the APAC Segment. The Company offers solar power components, solar power systems and residential leases. The Company sells panels and balance of system components, primarily to dealers, system integrators and distributors. The Company designs, manufactures, and sells rooftop and ground-mounted solar power systems under construction and development agreements. The Company offers post-installation systems monitoring and maintenance in connection with its construction contracts and commercial power purchase.

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