YGE Stock Forecast- Quick Win: 69.05% Gain In 1 Month

YGE Stock Forecast

Yingli (YGE), also known as  Yingli Green Energy Holding Co. Ltd. was a top stock pick based on our predictive algorithm recommended to I Know First subscribers on the 29th of September for a 1 Month time horizon. Yingli had a signal of 5.72 and a predictability of 0.29. Outperforming the algorithm’s expectations, the company reported capital gains of 69.05%.

Yingli was part of the stock forecast that can be found in the “Best Tech Stocks” Package.YGE Stock Forecast

Yingli operates as a solar energy company and photovoltaics producer. It develops, manufactures, and sells solar modules under the brand name Yingli Solar in the US, West-Europe, Asia and Australia.

A quick look at YGE’s recent financial reports shows earnings of $-0.53 per share for their fiscal quarter which closed on 2015-06-30. YGE is still operating at a loss, even though still gaining a lot of traction on the stock market as we can see their stock rise on a regular basis.

Yingli Green Energy Europe GmbH (“Yingli Europe”) has announced a new partnership with Motif    Proje ve Insaat Ltd. Sti (“Motif Proje”), one of Turkey’s first renewable energy consulting partners, to develop a 20 megawatt (MW) PV project pipeline in Turkey. This is great progress for a company like YGE who still hasn’t managed to record any profits.