Today’s Market Runner: Could Real Goods Solar, Inc. Change Direction After Today’s Huge Decline?

Today's Market Runner: Could Real Goods Solar, Inc. Change Direction After Today's Huge Decline?

The stock of Real Goods Solar, Inc. (NASDAQ:RGSE) is a huge mover today! The stock decreased 8.19% or $0.34 during the last trading session, hitting $3.81. About 2.25 million shares traded hands. Real Goods Solar, Inc. (NASDAQ:RGSE) has declined 53.89% since February 26, 2016 and is downtrending. It has underperformed by 64.31% the S&P500.
The move comes after 7 months negative chart setup for the $5.09 million company. It was reported on Oct, 1 by Barchart.com. We have $3.31 PT which if reached, will make NASDAQ:RGSE worth $661,700 less.

According to Zacks Investment Research, “REAL GOODS SOLAR, Inc. is a leading residential solar energy integrator. Real Goods Solar offers turnkey solar energy services, and has thirty years of experience in residential solar energy, beginning with the sale in 1978 of the first solar photovoltaic, or PV, panels in the United States.”

More news for Real Goods Solar, Inc. (NASDAQ:RGSE) were recently published by: Marketwatch.com, which released: “Real Goods Solar Inc. Cl A” on February 27, 2014. Thestreet.com‘s article titled: “Real Goods Solar (RGSE) Stock Skyrocketing on Debt Conversion Announcement” and published on June 25, 2015 is yet another important article.

RGSE Company Profile

Real Goods Solar, Inc., incorporated on January 29, 2008, is a residential and commercial solar energy engineering, procurement and construction company. The Firm operates through three divisions: Residential, which is engaged in the installation of solar energy systems for homeowners, including lease financing thereof, and for small businesses (small commercial) in the continental United States; Sunetric, which is engaged in the installation of solar energy systems for both homeowners and business owners (commercial) in Hawaii, and Other, which includes retail and corporate operations. The Firm creates and offers solar energy solution, then procure, permit, install and interconnect the system to the utility grid. It provides a workmanship warranty on each operational system.

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