Mid Cap Bullish Stocks: Sunedison Inc (NYSE:SUNE), SolarCity Corp (NASDAQ:SCTY), SunPower Corporation (NASDAQ:SPWR), ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)


Sunedison Inc (NYSE:SUNE) announced that it has closed on financing for two solar power plants to be built in Ontario, Canada. Deutsche Bank Securities is providing construction financing. The plants will provide employment for skilled manufacturing and construction workers in Ontario. SunEdison will manage the construction of the two plants, which are both planned to be operational by the end of 2014. The solar power plants will be composed of over 100,000 SunEdison Silvantis Photovoltaic Solar Modules, which will be manufactured in the province of Ontario. Shares of Sunedison Inc (NYSE:SUNE)closed at $20.06 in last trading session. Yesterday share price of the company was traded in the range of $17.96 – $20.19. Company now has a market value of $5.37 billion. Sunedison Inc (NYSE:SUNE)price to sales ratio in past twelve months was calculated as2.67 and price to cash ratio as 9.36.

SolarCity Corp (NASDAQ:SCTY) was gaining following research notes from Brean Capital and Goldman Sachs, according to The Fly On The Wall. In its note Goldman Sachs said that SolarCity is set-up favorably ahead of its earnings report. The firm said it expects the company to report deployments in the high-end of its guidance in its quarterly report. Goldman Sachs has a “conviction buy” rating for SolarCity. SolarCity Corp (NASDAQ:SCTY) stock traded in the range of $57.28 – $61.90and at the end of the day, it closed at $60.91. Average volume of the company is $5.50M. SolarCity Corp (NASDAQ:SCTY) return on equity ratio is recorded as -17.30% and its return on assets is -2.80%.

Google Inc. (GOOG) and SunPower Corporation (NASDAQ:SPWR) today announced a new program that will provide financing to support approximately $250 million of residential solar lease projects. Both companies are investing in the program, with Google committing up to $100 million and SunPower committing approximately $150 million. Thousands of homeowners are expected to finance solar power systems through SunPower solar leases as a result of this program, joining approximately 20,000 Americans already leasing from SunPower. SunPower Corporation (NASDAQ:SPWR) after opening at $28.01, moved up 6.72% to $29.37 on last trading day. Company’s 52 week range is $9.96 – $37.14.

ACADIA Pharmaceuticals (NASDAQ:ACAD) CEO Uli Hacksell sold 25,000 shares of ACADIA Pharmaceuticals stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $17.75, for a total value of $443,750.00. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)stock hit highest price at $21.69, beginning with a price of $20.09 and surged 5.67% to the close at $21.05 with day range of $20.09 – $21.69. The total market capitalization of the stock is $2.07 billion.


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