Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), one of the world’s leading solar panel manufacturers, today announced that it has received a notice on August 13, 2015 from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the NYSE’sprice criteria for continued listing standard because, as of August 12, 2015, the average closing price of the Company’s American Depositary Shares, or ADSs, was less than $1.00 per ADS over a consecutive 30 trading-day period.

Pursuant to Section 802.01C of the NYSE’s Listed Company Manual, the Company has six months (“the Cure Period”) following receipt of the notice to regain compliance with the minimum share price requirement. The Company can regain compliance during the Cure Period if the Company’s ADSs have a closing share price of at least $1.00 per ADS on the last trading day of any calendar month during the period and also have an average closing price of at least$1.00 per ADS over the 30 trading-day period ending on the last trading day of that month. The Company can also regain compliance if at the expiration of the six-month Cure Period, both a$1.00 or above closing price per ADS on the last trading day of the Cure Period and a $1.00 or above average closing price per ADS over the 30 trading-day period ending on the last trading day of the Cure Period are attained.

As required by the NYSE rules, the Company expects to notify the NYSE of its intent to cure its ADSs’ price deficiency within the applicable time period required by the NYSE.

During the Cure Period, the Company’s ADSs will continue to be listed and traded on the NYSE, subject to its compliance with other NYSE continued listing criteria. The Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements, credit agreements and other contractual obligations are currently unaffected by the notice from NYSE. (Original Source)

Shares of Yingli Green Energy Holding closed yesterday at $0.98. YGE has a 1-year high of $4.03 and a 1-year low of $0.72. The stock’s 50-day moving average is $0.94 and its 200-day moving average is $1.57.

On the ratings front, Yingli Green Energy has been the subject of a number of recent research reports. In a report issued on June 8, Deutsche Bank analyst Vishal Shah maintained a Hold rating on YGE, with a price target of $1.50, which implies an upside of 53.1% from current levels. Separately, on the same day, Roth Capital’s Philip Shen reiterated a Hold rating on the stock and has a price target of $1.30.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Vishal Shah and Philip Shen have a total average return of -15.7% and -14.5% respectively. Shah has a success rate of 22.4% and is ranked #3715 out of 3740 analysts, while Shen has a success rate of 22.1% and is ranked #3713.

Overall, 3 research analysts have rated the stock with a Sell rating, 2 research analysts have assigned a Hold rating and . When considering if perhaps the stock is under or overvalued, the average price target is $1.60 which is 63.3% above where the stock closed yesterday.

Yingli Green Energy Holding Co Ltd along with its subsidiaries is engaged in the design, development, marketing, manufacture, installation and sale of photovoltaic products in China & overseas market.