First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 2.65M but it saw 2506792 shares traded in last market. With a market cap of 19.79B USD, the company’s current market price of $184.84 came falling about -1.35 while comparing to the previous closing price of $187.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $135.88. In the recent trading on the day, stock has struck highest price mark of $182.53 while lowest mark touched by it was $190.8.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $196.03, while its current price level is -39.75% below from 52-week high level whereas it is 36.03% 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 $214.57 while that of 200 days or SMA-200 reads an average of $206.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.31% during that period while stretching the period over a month that decreases to 5.52%. 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 40.55 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 1.49% up while it is -8.22% when we observe its performance for the past one month. Year-to-date it is 7.29% up and over the past year, the stock is showing an upside performance of 16.04%.
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 15.92 while having a 9.00 of forward P/E ratio. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 2.61 while price to sale or P/S ratio amounts to 5.14. Its return on asset (ROA) is 11.88% on average.
