November 29, 2016 - By Linda Rogers · 0 Comments
Sunedison Inc (OTCMKTS:SUNEQ) institutional sentiment increased to 0.11 in 2016 Q2. Its up 0.05, from 0.06 in 2016Q1. The ratio increased, as 11 active investment managers increased and started new holdings, while 184 decreased and sold their holdings in Sunedison Inc. The active investment managers in our partner’s database now own: 1.99 million shares, down from 177.44 million shares in 2016Q1. Also, the number of active investment managers holding Sunedison Inc in their top 10 holdings decreased from 1 to 0 for a decrease of 1. Sold All: 173 Reduced: 11 Increased: 2 New Position: 9.
SunEdison, Inc. is a renewable energy development company. The company has a market cap of $41.20 million. The Firm develops, finances, installs, owns and operates renewable power plants, and delivers electricity to its residential, commercial, government and utility customers. It currently has negative earnings. The Firm provides clients with asset management, activities and maintenance, monitoring and reporting services.
About 750,927 shares traded hands. Sunedison Inc (OTCMKTS:SUNEQ) has declined 45.83% since April 26, 2016 and is downtrending. It has underperformed by 51.09% the S&P500.
According to Zacks Investment Research, “SunEdison Inc. is involved in the energy industry. It operates in two segments: semiconductor materials and solar energy. The Company manufactures and sells wafers and related products to the semiconductor and solar industries. It has projects in Europe, Latin America and the Middle East. The company serves commercial, government and utility customers. SunEdison, Inc., formerly known as MEMC Electronic Materials, Inc., is headquarters in St. Peters, Missouri.”
SunEdison, Inc., incorporated on October 1, 1984, is a renewable energy development company. The Firm develops, finances, installs, owns and operates renewable power plants, and delivers electricity to its residential, commercial, government and utility customers. The Firm provides clients with asset management, activities and maintenance, monitoring and reporting services.
More notable recent Sunedison Inc (OTCMKTS:SUNEQ) news were published by: Bloomberg.com which released: “SunEdison Creditors Seek to Undo Lenders’ ‘Sweetheart Deal'” on October 21, 2016, also Reuters.com with their article: “Solar developer SunEdison in bankruptcy as aggressive growth plan unravels” published on April 21, 2016, Marketwatch.com published: “/quotes/zigman/3870025/realtime” on April 28, 2016. More interesting news about Sunedison Inc (OTCMKTS:SUNEQ) were released by: Wsj.com and their article: “SunEdison Shareholders Lose Fight for Say in Bankruptcy” published on August 12, 2016 as well as Prnewswire.com‘s news article titled: “SunEdison, Inc. Responds to Claims and Allegations Made By TerraForm Power …” with publication date: October 03, 2016.
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By Linda Rogers