SunEdison (SUNE) is Trading Lower on Unusual Volume for January 07

Equities Staff |

SunEdison (SUNE) experienced unusually high volume on Jan. 07, as the stock lost 41.56% to a closing price of $3.22. The stock saw 135.06 million shares trade hands over the course of the day on 260,640 trades. Given that the stock’s average daily volume over the last month has been 59.67 million shares a day, this represents a pretty substantial spike over the norm.

SunEdison has a P/B ratio of 0.73. The stock has traded between $33.45 and $2.55 over the last 52-weeks, its 50-day SMA is now $5.22, and its 200-day SMA $17.48.

SunEdison Inc is a developer and seller of photovoltaic energy solutions, an owner and operator of clean power generation assets. The Company is also engaged in the development, manufacture and sale of silicon wafers to the semiconductor industry.

Headquartered in Maryland Heights, MO, SunEdison has 7,260 employees and is currently under the leadership of CEO Shaker Sadasivam / Brian Wuebbels / Ahmad R. Chatila.

For a complete fundamental analysis analysis of SunEdison, check out Equities.com’s Stock Valuation Analysis report for SUNE. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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