Vivint Solar Inc. (VSLR) Soars 5.8% on October 03

Equities Staff  |

Vivint Solar Inc. (VSLR) had a good day on the market for Tuesday October 03 as shares jumped 5.8% to close at $3.65. About 492,976 shares traded hands on 2,288 trades for the day, compared with an average daily volume of 620,203 shares out of a total float of 114.47 million. After opening the trading day at $3.40, shares of Vivint Solar Inc. stayed within a range of $3.70 to $3.40.

With today's gains, Vivint Solar Inc. now has a market cap of $417.8 million.

The stock has a P/E Ratio of 7.2. Shares of Vivint Solar Inc. have been trading within a range of $6.09 and $2.50 over the last year, and it had a 50-day SMA of $4.61 and a 200-day SMA of $3.69.

Vivint Solar Inc offers distributed solar energy to residential customers based on long-term customer contracts, such as power purchase agreements or lease the solar energy systems.

Vivint Solar Inc. is based out of Lehi, UT and has some 3,001 employees. Its CEO is David Bywater.

For a complete fundamental analysis of Vivint Solar Inc., check out Equities.com’s Stock Valuation Analysis report for VSLR.

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Vivint Solar Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Vivint Solar Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: VSLR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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