SMA Solar Technology (SMTGF) to Release Earnings on Thursday

SMA Solar Technology (OTCMKTS:SMTGF) is projected to release its results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of $0.6740 per share and revenue of $407.5330 million for the quarter.

SMA Solar Technology Price Performance

Shares of SMTGF opened at $62.10 on Thursday. The firm’s 50 day simple moving average is $64.58 and its 200 day simple moving average is $54.72. SMA Solar Technology has a 1-year low of $18.20 and a 1-year high of $82.00.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of SMA Solar Technology in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, SMA Solar Technology currently has an average rating of “Buy”.

SMA Solar Technology Company Profile

SMA Solar Technology AG is a Germany-based company specializing in the development, production and sale of photovoltaic inverters and energy management solutions for all types of solar power applications. The company’s product portfolio spans string inverters, central inverters and hybrid inverter systems designed for residential, commercial and utility-scale installations. In addition to core inverter technology, SMA offers integrated energy storage solutions, system monitoring platforms and digital services aimed at optimizing solar power generation and grid integration.

Founded in 1981 and headquartered in Niestetal near Kassel, SMA Solar Technology has grown into a global supplier with a presence in Europe, the Americas and Asia-Pacific.