SolarCity Inc. (NASDAQ:SCTY) dropped by 6 percent, last Thursday when the stock market closed. The loss was weighed at 3.29 dollars per share and it came after the company posted reasonably well earnings for fourth quarter of 2014. The drop was nerving for investors who were hoping that the stock price would go up. SolarCity Inc. (NASDAQ:SCTY) has been in great demand after the rise in solar energy globally. The retailer has been going strong for past couple of quarters and has been a real solid buy. Now, after a sudden drop, investors are pondering the actual capabilities of the company.
SolarCity Inc. (NASDAQ:SCTY), a few months ago was a stock every investor on the market wanted to get his hands on. Yet it has been viewed with a skeptical eye because solar energy is cheaper as compared to the usual energy and hence the money making capabilities of the company were questioned. Although, the company was making adequate sales, it still couldn’t get the faith of investors entrusted in the company. Now, it’ll be a real peril after Thursday’s drop for SolarCity Inc. (NASDAQ:SCTY) to recover its share price. The drop wasn’t too crucial but it was evidently consequential since it stirred the nerves of the shareholders.
The future of the company suggests that even though it will be able to restrain its costs and give out money to its investors, it won’t be making any substantial profits whatsoever in the oncoming years. Somehow, SolarCity Inc. (NASDAQ:SCTY) can’t find the mainstream market and it will take some time for it to come to surface and be considered on the same page as other well known sources of electricity.
As an investor, one has to be sure whether the company will beget any profit or not, or if the company is even capable of it or not. SolarCity Inc. (NASDAQ:SCTY) is capable indeed but it’s not the right time, it’s a rough patch for the company which it has to go through without incurring many losses. On the other hand, the company will be struggling to keep the investors interested in the stock after Thursday’s drop.
Let’s hope the investors don’t turn their backs on the company just as yet and give it a little time to recover its losses. But SolarCity Inc. (NASDAQ:SCTY) will have to capitalize on the little time given to it by the investors if it wants to regain its position. It’s a time of anxiety for the company because even after a strong quarter, the share price went downhill. It’s certainly not a good sign for the company but let’s hope the future brings something optimistic for the company and that no further losses come upon SolarCity Inc. (NASDAQ:SCTY), as further losses will unsettle the whole formation of the company. Despite the fact that the company has been faring well in quarters, it is yet to make a strong statement regarding its market power to the investors.
