Shares of REC Silicon ASA (OTCMKTS:RNWEF – Get Rating) traded down 2.1% during trading on Monday . The stock traded as low as $1.63 and last traded at $1.63. 6,568 shares changed hands during trading, an increase of 15% from the average session volume of 5,699 shares. The stock had previously closed at $1.67.
Analysts Set New Price Targets
Separately, AlphaValue cut shares of REC Silicon ASA to a "reduce" rating in a report on Tuesday, February 28th.
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The stock's 50 day simple moving average is $1.57 and its 200-day simple moving average is $1.64.
REC Silicon ASA (OTCMKTS:RNWEF – Get Rating) last posted its earnings results on Thursday, February 23rd. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $31.60 million for the quarter.
About REC Silicon ASA
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REC Silicon ASA is a holding company, which engages in the manufacture and trade of silicon materials. Its products include solar grade poly silicon, electronic grade poly silicon, and silicon gases. The firm operates through the following segments: Solar Materials and Semiconductor Materials. The company was founded on December 3, 1996 and is headquartered in Baerum, Norway.
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