First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 2.22M but it saw 13678782 shares traded in last market. With a market cap of 20.77B USD, the company’s current market price of $194.02 came falling about -10.13 while comparing to the previous closing price of $215.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $129.21. In the recent trading on the day, stock has struck highest price mark of $173.37 while lowest mark touched by it was $197.99.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $202.32, while its current price level is -36.75% below from 52-week high level whereas it is 50.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $220.20 while that of 200 days or SMA-200 reads an average of $204.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.87% during that period while stretching the period over a month that decreases to 4.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.86 which implies that the stock is in neutral territory.
Janney upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 29, 2024 while assigning a price target of $260. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $200 and $254.
Over the week, FSLR’s stock price is moving -1.76% down while it is -14.01% when we observe its performance for the past one month. Year-to-date it is 12.62% up and over the past year, the stock is showing an upside performance of 32.01%.
Currently, First Solar Inc’s total number of outstanding shares is 106.85M. Company’s return on investment (ROI) stands at 15.47% and return on equity (ROE) at 17.96%. It has a price to earnings ratio (P/E ratio) of 16.71 while having a 9.42 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 2.74 while price to sale or P/S ratio amounts to 5.39. Its return on asset (ROA) is 11.88% on average.
