Home Financial Markets Penny Stocks Do Solar Integrated Roofing Corp (OTC PINK: SIRC)'s fundamentals hold up despite...

Do Solar Integrated Roofing Corp (OTC PINK: SIRC)’s fundamentals hold up despite a pause in the market

Performance-wise, the Solar Integrated Roofing Corporation’s (OTC PINK: SIRC) performance last week was -2.42%, whereas its performance for the month was 168.33%. The quarterly performance saw a gain of 2800.90%, with a YTD rise of 3826.83% over the last six months. Based in Southern California, It is a solar and roofing firm specializing in commercial and residential properties. Company services include solar energy systems, battery backup, and EV charging stations, in addition to HVAC and electrical contracting services.

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WHAT HAPPENED RECENTLY

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February 18, 2021, Solar Integrated Roofing Corp. (OTC PINK: SIRC) revealed that the binding letters of intent had been signed by the Company to acquire Cornerstone Construction, South Carolina’s foremost roofing, and solar solutions, provider.

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With quality solutions for residential and commercial roofing and solar projects in the southeastern United States, Cornerstone Construction has served thousands of clients and accumulated hundreds of 5 Star Reviews since 2017. A roofing contractor can install, repair, and replace roofs, gutters, windows, siding, and decks. We manufacture traditional solar panels and solar shingles, which are seamlessly integrated into new and existing roofing systems.

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IN A NUTSHELL

It seems inevitable that recent events will lead to more rapid changes than were expected at the beginning of this year, with outperformance expected in previously thought of as niche segments on the market.

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