Boston, MA 05/29/2013 (wallstreetpr) – The share prices of Real Goods Solar Inc. (NASDAQ:RSOL) had declined by 15.71 percent to close at $3.38 per share for the last trading session. The company involved in providing wide range of services related to solar systems had been trading in the range of $2.75 to $4.50 per share during the day.
2013 Solarize Mass Installer
Real Goods Solar Inc. (NASDAQ:RSOL) had recently raised around $8.4 million through the issue of common stock and warrants. The class A common stock issued by the company was priced at $2.75 per share and the warrants with the term of five years from the closing date were priced at $2.75 per share as exercising price. Real Goods Solar Inc. (NASDAQ:RSOL), which is involved in providing installation, maintenance and support services for solar systems to residential, commercial and utility customers had been chosen for the Solarize Mass Program.
Under this program developed organized by the Massachusetts Clean Energy Center and Green communities division of the MA department of Energy Resources, Real Goods Solar Inc. (NASDAQ:RSOL) will provide installation and maintenance of solar systems for residential and business users in the Massachusetts region.
The shares of Real Goods Solar Inc. (NASDAQ:RSOL) had recorded 52 week low price level of $0.40 per share and 52 week high price level of $7.17 per share. The solar energy company presently holds 26.68 million shares outstanding with 48 percent institutional ownership. The average trading volume of Real Goods Solar Inc. (NASDAQ:RSOL) is at 2.56 million shares per day.
