Resources Connection, Inc. (RECN) Forms $16.10 Double Top; Yingli Green Energy Holding Company Limited Adr (YGE) Shorts Raised By 6.09%

Resources Connection, Inc. (RECN) formed double top with $17.39 target or 8.00% above today’s $16.10 share price. Resources Connection, Inc. (RECN) has $505.13M valuation. It closed at $16.1 lastly. It is down 11.17% since March 9, 2017 and is downtrending. It has underperformed by 27.87% the S&P500.

Yingli Green Energy Holding Company Limited Adr (NYSE:YGE) had an increase of 6.09% in short interest. YGE’s SI was 397,100 shares in March as released by FINRA. Its up 6.09% from 374,300 shares previously. With 156,900 avg volume, 3 days are for Yingli Green Energy Holding Company Limited Adr (NYSE:YGE)’s short sellers to cover YGE’s short positions. The SI to Yingli Green Energy Holding Company Limited Adr’s float is 3.09%. The stock increased 0.61% or $0.01 during the last trading session, reaching $1.64. About 6,560 shares traded. Yingli Green Energy Holding Company Limited (NYSE:YGE) has declined 31.04% since March 9, 2017 and is downtrending. It has underperformed by 47.74% the S&P500.

Analysts await Resources Connection, Inc. (NASDAQ:RECN) to report earnings on April, 4. They expect $0.15 earnings per share, up 66.67% or $0.06 from last year’s $0.09 per share. RECN’s profit will be $4.71 million for 26.83 P/E if the $0.15 EPS becomes a reality. After $0.25 actual earnings per share reported by Resources Connection, Inc. for the previous quarter, Wall Street now forecasts -40.00% negative EPS growth.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.43, from 1.29 in 2017Q2. It worsened, as 3 investors sold Resources Connection, Inc. shares while 39 reduced holdings. 21 funds opened positions while 33 raised stakes. 23.67 million shares or 1.20% less from 23.96 million shares in 2017Q2 were reported. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Resources Connection, Inc. (NASDAQ:RECN). 51,536 were reported by Legal And General Grp Inc Public Ltd Com. Amer Grp Incorporated stated it has 0% in Resources Connection, Inc. (NASDAQ:RECN). Goldman Sachs Group, a New York-based fund reported 96,745 shares. Prudential has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). 5,100 were accumulated by Prelude Cap Mgmt Ltd Liability Company. The Alaska-based State Of Alaska Department Of Revenue has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). Kbc Grp Nv holds 0% or 36,149 shares in its portfolio. Pinebridge Investments Lp has 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 3,485 shares. Lsv Asset Mgmt holds 17,900 shares or 0% of its portfolio. Hotchkis & Wiley Cap Management Ltd Liability Company has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). New York State Common Retirement Fund reported 31,100 shares. Morgan Stanley invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Citigroup reported 59,148 shares. Marshwinds Advisory invested 0.11% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN).

Among 4 analysts covering Resources Connection Inc. (NASDAQ:RECN), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Resources Connection Inc. had 9 analyst reports since August 18, 2016 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Sell” on Thursday, October 6. The firm has “Neutral” rating by Robert W. Baird given on Thursday, October 6. Robert W. Baird maintained Resources Connection, Inc. (NASDAQ:RECN) rating on Friday, August 25. Robert W. Baird has “Hold” rating and $15.0 target. The rating was downgraded by J.P. Morgan on Thursday, January 4 to “Sell”. The rating was maintained by Robert W. Baird with “Hold” on Friday, November 10. The stock has “Sell” rating by Deutsche Bank on Thursday, August 18. The stock of Resources Connection, Inc. (NASDAQ:RECN) has “Underweight” rating given on Thursday, January 4 by JP Morgan. Robert W. Baird maintained Resources Connection, Inc. (NASDAQ:RECN) rating on Wednesday, January 3. Robert W. Baird has “Hold” rating and $16.0 target. Deutsche Bank maintained Resources Connection, Inc. (NASDAQ:RECN) rating on Friday, July 21. Deutsche Bank has “Sell” rating and $12 target.

Yingli Green Energy Holding Company Limited, together with its subsidiaries, designs, develops, makes, assembles, sells, and installs photovoltaic products. The company has market cap of $29.81 million. The firm offers polysilicon ingots and blocks, polysilicon wafers, PV cells, PV modules, and integrated PV systems; and develops and operates solar projects. It currently has negative earnings. It is also involved in import and export trading activities; and the provision of research and experimental development on electronics.

Among 5 analysts covering Yingli Green Energy (NYSE:YGE), 0 have Buy rating, 4 Sell and 1 Hold. Therefore 0 are positive. Yingli Green Energy had 9 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Yingli Green Energy Holding Company Limited (NYSE:YGE) has “Sell” rating given on Friday, August 21 by Axiom Capital. On Wednesday, September 9 the stock rating was downgraded by TH Capital to “Sell”. The stock has “Sell” rating by Roth Capital on Thursday, June 15. On Wednesday, November 16 the stock rating was downgraded by Axiom Capital to “Sell”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, September 9. The firm has “Buy” rating given on Thursday, October 6 by Axiom Capital. The rating was downgraded by Roth Capital on Wednesday, September 9 to “Sell”. The rating was maintained by Roth Capital on Wednesday, December 20 with “Sell”.