A-Power Energy Postpones Conference Call, Shares Fall 4.7% (APWR)

Shares of A-Power Energy Generation Systems Ltd. APWR are currently down 4.7% at $6.25 per share during Thursday afternoon trading. Today's trading range for shares of A-Power Energy Generation Systems Ltd has been between $6.12 and $6.50 per share. The consensus price target of analysts covering the company's stock is $15.00 per share. Volume of 1.1 million shares is already above the daily average volume of 854,000 shares. A-Power Energy Generation Systems Ltd. (APWR) announced that it is postponing its 3rd quarter conference call, which was previously scheduled for November 18, 2010, to a later day in 2010 to be determined. The company also noted that the postponement was not due to accounting irregularities but that did little to reassure investors. Read more from Benzinga's Company news.