Dallas, Texas 07/08/2013 (Financialstrend) – Real Goods Solar, Inc. (NASDAQ:RSOL) presents significant prospects to its shareholders, despite its weak balance sheet and despite incurring heavy share price losses by the middle of the previous fiscal year. With the demand for solar power increasing on a daily basis, primarily because of stringent regulations imposed by the government authorities to curb pollution, the companies operating in the solar power sector have been reaching new highs. The market reflected optimism in Real Goods Solar, Inc.(NASDAQ:RSOL) during the recent trading sessions and the financial performance of the company could be further improved with an increase in capital spending.
Shares of Real Goods Solar, Inc. (NASDAQ:RSOL) closed at $2.61 on Friday, recording an increase of 5.53 percent for the day. The stock price fluctuated during the day between $2.40 and $2.66 per share, after opening at $2.48 on Friday. Shares of Real Goods Solar, Inc.(NASDAQ:RSOL) have a 52-week low price of $0.40 per share and a 52-week high price of $7.17.
As for the percentage of the equity ownership structure, institutional owners hold around 48 percent of the total equity capital in Real Goods Solar, Inc.(NASDAQ:RSOL) and there are 26.69 million shares outstanding in the market. The company recorded an average volume of trading at 3.45 million shares per day.
Real Goods Solar, Inc. (NASDAQ:RSOL) is a solar energy company servicing the commercial, residential and utility customers. Real Goods Solar, Inc.(NASDAQ:RSOL)’s has installed more than 14,500 solar systems generating more than 100 MegaWatts of pure renewable energy. Real Goods Solar, Inc. (NASDAQ:RSOL) provides varied services including the design, finance, installation, monitoring, maintenance support and service.Through RGS Energy, Real Goods Solar, Inc.(NASDAQ:RSOL) provides solutions for businesses and corporations. Schools of any kind whether public, private from K – 12, higher education, research facilities and universities are provided with solar energy by RGS Energy.
