Solaredge Technologies Inc
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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap Growth
Based in IsraelCompany profile

SolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.

Premarket

Last Trade
Delayed
$89.82
0.40 (0.45%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$89.42
Day's Change
0.00 (0.00%)
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
50

10-day average volume:
1,653,593
50

Ford's debt rating gets downgraded to junk by Moody's

4:33 pm ET September 9, 2019 (MarketWatch)
Print

Moody's Investors Service late Monday downgraded Ford Motor Co. (F) debt rating to Ba1, the first rung of "junk," or non-investment speculative grade, from Baa3. The outlook is stable, Moody's said. The downgrade reflects "considerable operating and market challenges facing Ford, and the weak earnings and cash generation likely as the company pursues a lengthy and costly restructuring plan," the debt ratings agency said. Ford has embarked on a long-term restructuring plan with about $11 billion in charges, and a cash cost of about $7 billion. "Ford is undertaking this restructuring from a weak position as measures of cash flow and profit margins are below our expectations, and below the performance of investment-grade rated auto peers," Moody's said. Cash flow and profit margins are likely to remain weak and Ford faces such difficulties at a time auto markets are softening, it said. Ford "does have a sound balance sheet and liquidity position from which to operate," Moody's said. Shares of Ford fell nearly 2% in the extended session, after ending the regular trading day up 2.1%.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 09, 2019 16:33 ET (20:33 GMT)

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