Real Goods Solar, Inc. (RGSE) Surges to 52-Week Low, Is Now Worst Performer

July 13, 2018 - By Russell Jones

Real Goods Solar, Inc. (NASDAQ:RGSE) Logo

The stock of Real Goods Solar, Inc. (NASDAQ:RGSE) hit a new 52-week low and has $0.32 target or 6.00 % below today’s $0.34 share price. The 7 months bearish chart indicates high risk for the $9.54 million company. The 1-year low was reported on Jul, 13 by Barchart.com. If the $0.32 price target is reached, the company will be worth $572,580 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 6.61% or $0.0238 during the last trading session, reaching $0.3361. About 2.81M shares traded or 66.44% up from the average. Real Goods Solar, Inc. (NASDAQ:RGSE) has risen 5.61% since July 13, 2017 and is uptrending. It has underperformed by 6.96% the S&P500.

More recent Real Goods Solar, Inc. (NASDAQ:RGSE) news were published by: Nasdaq.com which released: “RGS Energy Surpasses $36 Million in Written Reservations for POWERHOUSEâ„¢, Adds Second Plastic Molding …” on June 28, 2018. Also Streetinsider.com published the news titled: “Pre-Open Movers 07/06: (BBOX) (BIIB) (RGSE) Higher; (RGLS) (GCI) (PSMT) Lower (more…)” on July 06, 2018. Nasdaq.com‘s news article titled: “RGS Energy’s POWERHOUSEâ„¢ Solar Shingle System Passes UL Class A Fire Tests, Written Reservations Grow to …” with publication date: July 06, 2018 was also an interesting one.

Real Goods Solar, Inc. operates as a residential and small business commercial solar energy engineering, procurement, and construction firm in the United States. The company has market cap of $9.54 million. The company's Residential segment installs solar energy systems for homeowners, including lease financing, as well as small business commercial services in the continental U.S. It currently has negative earnings. The Company’s Sunetric segment installs solar energy systems for homeowners and business owners in Hawaii.

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