The stock of Real Goods Solar, Inc. (NASDAQ:RGSE) is a huge mover today! About 1.03M shares traded hands. Real Goods Solar, Inc. (NASDAQ:RGSE) has declined 84.13% since March 8, 2016 and is downtrending. It has underperformed by 93.45% the S&P500.
The move comes after 8 months negative chart setup for the $10.20 million company. It was reported on Oct, 11 by Barchart.com. We have $1.92 PT which if reached, will make NASDAQ:RGSE worth $1.22M 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.”
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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