SMA Solar Technology (SMTGF) Projected to Release Earnings on Thursday

SMA Solar Technology (OTCMKTS:SMTGF) is anticipated to release its results before the market opens on Thursday, November 12th. Analysts expect SMA Solar Technology to announce earnings of $0.9450 per share and revenue of $543.20 million for the quarter.

SMA Solar Technology Price Performance

SMTGF stock opened at $55.90 on Wednesday. SMA Solar Technology has a twelve month low of $34.00 and a twelve month high of $82.00. The business’s 50-day moving average price is $65.83 and its 200-day moving average price is $58.42.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SMTGF. Jefferies Financial Group restated a “buy” rating on shares of SMA Solar Technology in a research note on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SMA Solar Technology in a research report on Monday, August 17th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

About SMA Solar Technology

SMA Solar Technology AG is a Germany-based company that develops and manufactures technologies for photovoltaic and energy-storage systems. Its product portfolio includes solar inverters for residential, commercial, industrial and utility-scale installations, as well as battery-storage inverters and related system solutions. The company also provides energy-management software, monitoring and control technologies, grid-integration solutions, commissioning support, maintenance and other technical services.