SunPower Rising On Heavy Volume (SPWRA)

Shares of SunPower Corporation

are rising on heavy volume today. The stock has jumped 2.71% to $14.63. More than 3 million SPWRA shares have already traded hands compared to a daily average volume of a little more than 2 million. Year-to-date, SPWRA has fallen more than 38%. In the last month, however, the shares have risen more than 17%. The stock trades at a trailing P/E of 57.20, a forward P/E of 8.08, and a PEG ratio of just 0.39. SunPower Corporation (SunPower) is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies. The Company operates through two business segments: components segment and systems segment.