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China Sunergy (CSUN) Surges: Stock Moves 12.1% Higher - Tale of the Tape

Posted: 12/6/2013 9:04:00 AM
Referenced Stocks: CSUN;ENPH;FSLR;JKS

China Sunergy Co. Ltd. ( CSUN ) was a big mover last session, as the company saw its shares rise by over 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down almost 28% in the past one-month time frame.

In the past 30 days, the company has seen one negative estimate revision and its Zacks Consensus Estimate moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock, going forward, to see if this recent move higher can last.

China Sunergy currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, some better-ranked solar energy stocks include Enphase Energy, Inc. ( ENPH ), First Solar, Inc. ( FSLR ) and JinkoSolar Holding Co., Ltd. ( JKS ). All these stocks carry a Zacks Rank #2 (Buy).

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