|Bid||7.93 x 1100|
|Ask||7.97 x 800|
|Day's Range||7.80 - 8.46|
|52 Week Range||0.32 - 29.37|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BIDU, CRON, FORM, LTC, and SUNW have been added to the Zacks Rank #5 (Strong Sell) List on May 3, 2021
Shares of Sunworks (NASDAQ: SUNW) rose 11.3% in March, according to data from S&P Global Market Intelligence. The solar technology stock gained ground thanks to expectations that a big infrastructure spending push in the U.S. will create momentum for the clean energy space. Excitement surrounding the Biden administration's efforts to spearhead a major infrastructure spending bill prompted significant gains for Sunworks and other clean energy stocks last month.
The solar energy industry has grown rapidly even as fossil fuels remain the dominant source of global energy use. While some large utilities and energy companies have solar and renewable energy divisions, these businesses typically are not included in the industry's listings because the parent's primary focus is not solar. TAN has provided a total return of 266.8% over the last 12 months, well above the Russell 1000's total return of 66.1%, as of March 12, 2021.