Shares of China Sunergy Co Ltd (OTCMKTS:CSUNY – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.02 and traded as high as $0.0278. China Sunergy shares last traded at $0.0162, with a volume of 7,100 shares trading hands.
China Sunergy Stock Down 10.0%
The firm’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.02.
China Sunergy Company Profile
China Sunergy Co, Ltd. is a China-based manufacturer specializing in the design, development and production of photovoltaic (“PV”) cells and modules. The company’s product portfolio includes both monocrystalline and polycrystalline solar cells as well as assembled solar modules suitable for residential, commercial and utility-scale applications. China Sunergy’s vertically integrated platform covers wafer procurement, cell fabrication and module assembly, allowing the company to optimize cost efficiencies and quality control throughout the manufacturing process.
Founded in 2006 and headquartered in Nanjing, China Sunergy initially focused on meeting domestic demand before expanding its footprint into international markets.
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