Last week, the solar industry met Maxeon Solar Technologies, a spinoff that will pull SunPower’s global solar panel manufacturing and sales into a new … Here Is How MongoDB Inc. (MDB) Will Keep Your Portfolio Healthy, Peloton Interactive (PTON) Is Going To Start Selling Exercise Bikes In Australia. The mentioned changes placed institutional holdings at 9,997,468 shares, according to the latest SEC report filing. As Maxeon Solar is a relatively new entity, Moore introduced some background on the company structure. Positions in Maxeon Solar Technologies Ltd. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 52 institutional holders increased their position in Maxeon Solar Technologies Ltd. [NASDAQ:MAXN] by around 3,078,128 shares. Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. Check-Cap Ltd. [CHEK] is 232.61% higher this YTD. The current RSI for MAXN stock in for the last two-week period is set at 32.47, with the RSI for the last a single of trading hit 23.16, and the three-weeks RSI is set at 38.68 for Maxeon Solar Technologies Ltd. [MAXN]. Real time Maxeon Solar Technologies, Ltd. (MAXN) stock price quote, stock graph, news & analysis. The Average True Range (ATR) for Maxeon Solar Technologies Ltd. is set at 4.83, with the Price to Sales ratio for MAXN stock in the period of the last 12 months amounting to 1.04. Maxeon Solar Technologies Ltd. [NASDAQ: MAXN] loss -17.04% or -6.09 points to close at $29.64 with a heavy trading volume of 1146415 shares. The most adventurous solar pioneers choose SunPower ® solar technology to help them set world records by land, air and sea.. It’s the very same solar innovation that’s available for your home, business, or power plant. The stock had previously closed at $46.79. We do not sell or share your information with anyone. Get the latest Maxeon Solar Technologies, Ltd. (MAXN) stock news and headlines to help you in your trading and investing decisions. Maxeon Solar Technologies, a global leader in solar innovation operating the SunPower brand worldwide except the United States and Canada, has announced that the new Maxeon 5 AC Module is immediately available through its authorised partner channel in Australia. Reflecting on the efficiency of the workforce at the company, Maxeon Solar Technologies Ltd. [MAXN] managed to generate an average of -$35,244 per employee. When it comes to the capital structure of this company, Maxeon Solar Technologies Ltd. [MAXN] has a Total Debt to Total Equity ratio set at 22.80. Get the hottest stocks to trade every day before the market opens 100% free. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 9.20. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. The company is growing revenues at double-digit rates and is expecting further growth.... Peloton Interactive (PTON) announced plans to enter the Asia Pacific region by launching in Australia. Sep 17, 2020. There are presently around $296 million, or 32.00% of MAXN stock, in the hands of institutional investors. We are the global leader in solar innovation. Strohbecke was till lately vice head of state finance and also worldwide procedures controller at calculating firm Micron Technology. When combined with Enphase microinverters, the system generates up to 50% more energy than conventional solar over 25 years. News: This is the News-site for the company Maxeon Solar Technologies, Pte. . . Sep 03, 2020. These panels represent the latest chapter in the company’s legacy of shingled cell panel technology leadership that is now protected by more than 144 patents and patent applications. why Uranium Energy Corp. [UEC] is a Good Choice for Investors After New Price Target of $2.81, Wall Street Analyst Upgrade 3D Systems Corporation [DDD]. Strohbecke will be responsible for the global finance, planning, accounting and information technology organizations, and as a senior member of the executive team he will report directly to CEO Jeff Waters. The day’s price range saw the stock hit a low of $2.22,... 3D Systems Corporation surged by $3.41 during the normal trading session on Thursday and reaching a high of $29.92 during the day while... You have entered an incorrect email address! Is it still time to buy? Strohbecke will be responsible … MarketBeat just released five new trading ideas, but Maxeon Solar Technologies wasn't one of them. Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) reached a new 52-week high on Monday . H.C. Wainwright slashes price target on Intercept Pharmaceuticals Inc. [ICPT] – find out why. SINGAPORE, Feb. 22, 2021 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, today announced that on March 15, 2021 Kai Strohbecke will be joining the company to serve as the new Chief Financial Officer (CFO), officially assuming the CFO role following Maxeon's filing of its annual report. Coverage directly to Chief Executive Officer Jeff Waters, Strohbecke succeeds Joanne Solomon, who intends to retire after a short change of obligations via May 31, 2021. It’s free. The stock traded as high as $51.40 and last traded at $51.40, with a volume of 9180 shares. Join now to get the Newsheater.com pre-market morning brief 100% free. Maxeon Solar Technologies, designs, manufactures, and sells solar panels under the SunPower brand name worldwide. Richard Glick. These factors will cause the cost of Maxeon solar panels to drop. Why Maxeon Solar Technologies Stock Just Crashed 12% Blame Goldman Sachs. The new SunPower Maxeon 5 AC Module is the most powerful home solar panel in Australia, with the highest durability you can buy and an industry-leading warranty. We believe records are made to be broken. Return on Equity for this stock declined to -45.97, with Return on Assets sitting at -18.67. Keyword Filter. on Markets Insider Follow MAXN. Atomera Incorporated (NASDAQ: ATOM) has announced the successful sale of one of its development projects. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. About Maxeon Solar Technologies. The new note on the price target was released on November 10, 2020, representing the official price target for Maxeon Solar Technologies Ltd. stock. Plus, the partnership with TZS provides Maxeon Solar with access to TZS’s supply chain ties. The new locations will allow Maxeon Solar to take advantage of low-cost manufacturing processes throughout Asia. Maxeon designs, manufactures and sells pioneering SunPower-branded solar panels to customers in more than 100 countries – and is the exclusive panel supplier to California-based SunPower Corporation, from which it was spun off in August 2020. Maxeon Solar Technologies, Pte. To Basic Search. New C-Level Executives and Board of Directors Appointments for Maxeon Solar Technologies. His extensive international experience leading finance organizations in large technology manufacturing companies will serve the company and our shareholders well,” said Jeff Waters, CEO at Maxeon Solar Technologies. View the latest Maxeon Solar Technologies Ltd. (MAXN) stock price, news, historical charts, analyst ratings and financial information from WSJ. Return on Total Capital for MAXN is now -29.09, given the latest momentum, and Return on Invested Capital for the company is -44.74. The new note on the price target was released on November 10, 2020, representing the official price target for Maxeon Solar Technologies Ltd. stock. Glick was nominated to the FERC by President Trump in August 2017. All about solar electric power. “We are thrilled to have Kai join our leadership team at Maxeon. Maxeon Solar Technologies (MAXN-9.5%) announces the appointment of Kai Strohbecke to serve as the new Chief Financial Officer, effective March 15, … Maxeon Solar Technologies, the planned spin-off from SunPower, has released a new line of bifacial SunPower Performance 5 panels for utility-scale solar plants. The present Moving Average for the last 50 days of trading for this stock 38.61, while it was recorded at 35.53 for the last single week of trading. Click here now. Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation, announced that on March 15, 2021 Kai Strohbecke will be joining the company to serve as the new Chief Financial Officer (CFO), officially assuming the CFO role following Maxeon’s filing of its annual report. Even if you’re not actively in crypto, you deserve to know what’s actually going on... The company is headquartered in Singapore. A Backdoor Way To Profit From Today’s Crypto Bull Market. Several analysts have recently weighed in on MAXN shares. PV Magazine. An RSI rate of 50 would represent a neutral market momentum. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. PV module supplier Maxeon Solar Technologies is to select a new CFO, Kai Strohbecke, from March 15 2021, seven months after its offshoot from SunPower succeeding as well as NASDAQ IPO. © DBT NEWS PVT. Keywords Filter. Additionally, MAXN Total Debt to Total Capital is recorded at 18.56, with Total Debt to Total Assets ending up at 8.34. MAXN stock had 30 new institutional investments in for a total of 1,021,081 shares, while 22 institutional investors sold positions of 1,875,130 shares during the same period. Top Hydrogen Fuel Cell Companies & Stocks, How to choose the best battery for a solar energy system, Add a battery to your solar energy system, Resources scarcities creating solar module bidding prices to climb in China, Eni forms joint venture to release 1GW of renewables in Italy by 2025, LONGi preparing new 5GW solar cell plant in Yinchuan for 2022, Trina Solar reinforces 'PV 6.0' product variety with 670W Vertex module launch, China's Xinte Energy inks USD-2.6 bn deal to market polysilicon. Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAXN shares is $40.33 per share. How has Maxeon Solar Technologies's share price performed over time and what events caused price changes? Maxeon Solar Technologies Announce Third Quarter 2020 Financial Results --Spin-off from SunPower completed on August 26th----Shipments of 531 MW; Revenue $207 million-- Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. Pv-Tech. The top three institutional holders of MAXN stocks are: INVESCO LTD. with ownership of 2,009,706, which is approximately -3.954% of the company’s market cap and around 59.44% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 1,946,364 shares of the stock with an approximate value of $57.69 million in MAXN stocks shares; and FMR LLC, currently with $24.17 million in MAXN stock with ownership of nearly 7413518.182% of the company’s market capitalization. If we look at the average trading volume of 721.39K shares, MAXN reached to a volume of 1146415 in the most recent trading day, which is why market watchdogs consider the stock to be active. ATOM stock was last closed at $25.27. What else is Wall St. saying, Armstrong Flooring Inc (AFI) Hitting the mark, The Goodyear Tire & Rubber Company (GT): Keeping an Eye On The Long Term. Operating Margin for any stock indicates how profitable investing would be, and Maxeon Solar Technologies Ltd. [MAXN] shares currently have an operating margin of -11.25 and a Gross Margin at -0.70. Stable Share Price: MAXN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 17% a week. ROTH Capital have made an estimate for Maxeon Solar Technologies Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 19, 2021. Sep 17, 2020. Advanced Search. Long-Term Debt to Equity for the company is recorded at 5.47, with the Long-Term Debt to Total Capital now at 4.46. Singapore headquartered solar PV panel manufacturer Maxeon Solar Technologies has announced the appointment of the company’s new Chief Financial Officer (CFO), Kai Strohbecke who will assume his responsibilities on March 15, 2021 once the company files its … 28.88 0.67 (2.38%) Upgrade to Real-Time Afterhours . Richard Glick was named by President Biden to be Chairman of the Federal Regulatory Commission (FERC) on Jan. 21 and is serving a term that ends June 30, 2022. DBTNEWS® is a registered trademark. why Revolve Group Inc. [RVLV] is a Good Choice for Investors After New Price Target of $31.56. SunPower completes strategic transition. Find the latest Maxeon Solar Technologies, Ltd. (MAXN) stock quote, history, news and other vital information to help you with your stock trading and investing. Receivables Turnover for the company is 8.67 with a Total Asset Turnover recorded at a value of 1.22.Maxeon Solar Technologies Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.60.