Solar Integrated Roofing Corp (OTCPK: SIRC) stock gained 27% on February 2nd and saw a total gain of 100% in the last one week.
The company announced a $25 million drawdown term note from an institutional investor with a 6% interest rate and a 5% discount.
The CEO believes the term note and cost control efforts will help optimize operating cash flows and...
Focused on providing clean energy solutions, Solar Integrated Roofing Corporation (OTC: SIRC) is mainly engaged in the sale and installation of solar energy systems and EV charging stations. Through this business focus, SIRC has been one of the most profitable OTC companies – leading many investors to believe SIRC stock could be extremely undervalued. After a deal...
$SIRC Big picture view. A 52 Week Falling Wedge. Potential exit points are as follows. Would require the week to close above:
1. .3998 for week of Apr 11
2. .3868 for week of Apr 25
3. .3738 for week of May 09
4. .3598 for week of May 23
Wedge closes week of Aug 29 around .27
This pattern does have bullish bias once it breaks.
Solar Integrated Roofing Corp. operates as an integrated, single-source solar power, HVAC, and roofing systems installation company. It provides various solutions, including sales and installation of solar energy systems, battery backup, and electric vehicle charging stations to roofing, HVAC, and related electrical contracting work. It offers services to...
I've identified a possible gap that needs to be filled between .386 and .35 - highlighted in the purple box. There is just a single wick going through this zone. I've placed a fib retracement on the chart for a bottom in at .35 and a high of 3. This produces a target in the $4.60 range.
This is all just speculation of course. The chart does seem to be flattening...
Solar Integrated Roofing Corporation provided preliminary guidance for 100m revenue in the next 12 months. Their strategy of acquiring similar businesses to generate in-organic growth would prove successful if they're able to deliver on this goal. Recent trading action with the correction is in part driven by the acquisition of Montrose Companies, Inc. and the...
In an interview with AlphaStreet, Solar Integrated CEO Dave Massey said EV is going to be a huge revenue driver for the firm going forward, with the expected ban on new gas vehicles after 2035 and the regulations surrounding the mandated solar on new homes acting as a major tailwind.
To enhance its EV capabilities, SIRC had recently acquired Pacific Lighting...
