Report
EUR 12.77 For Business Accounts Only

REC SILICON reduces its risk exposure and slightly improves to Neutral

The independent financial analyst theScreener just allocated a lower risk rating to REC SILICON (NO), active in the Renewable Energy Equipment industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date February 22, 2022, the closing price was NOK 13.73 and its expected value was estimated at NOK 15.93.
Underlying
REC Silicon ASA

REC Silicon is a provider of solar electricity solutions. Co.'s REC Silicon business segment is carried out in the following subsidiaries; REC Solar Grade Silicon LLC, and REC Advanced Silicon Materials LLC. REC Silicon's sales and marketing activities for sales of solar grade polysilicon, semiconductor grade silicon and silicon gases are carried out in China, Japan, Korea, Taiwan, and in the U.S. REC Silicon produces polysilicon and silicon gas for the solar industry and the electronics industry at plants in Moses Lake, WA and in Butte, MT.

Provider
TheScreener
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