First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 3.20M but it saw 2416740 shares traded in last market. With a market cap of 13.34B USD, the company’s current market price of $124.38 came falling about -1.92 while comparing to the previous closing price of $126.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $116.56. In the recent trading on the day, stock has struck highest price mark of $121.83 while lowest mark touched by it was $128.7.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $127.99, while its current price level is -59.45% below from 52-week high level whereas it is 6.71% 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 $139.28 while that of 200 days or SMA-200 reads an average of $190.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.86% during that period while stretching the period over a month that increases to 6.30%. 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 43.84 which implies that the stock is in neutral territory.
Mizuho upgraded its recommendation for the stock as a “Outperform” from “Neutral” on February 11, 2025 while assigning a price target range of $218-$259. Seaport Research Partners issued its recommendations for the stock as it upgraded the price target for the stock is $274.
Over the week, FSLR’s stock price is moving -4.05% down while it is -2.32% when we observe its performance for the past one month. Year-to-date it is -29.43% down and over the past year, the stock is showing a downside performance of -29.31%.
Currently, First Solar Inc’s total number of outstanding shares is 107.06M. Company’s return on investment (ROI) stands at 15.30% and return on equity (ROE) at 17.62%. It has a price to earnings ratio (P/E ratio) of 10.35 while having a 4.93 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 1.67 while price to sale or P/S ratio amounts to 3.17. Its return on asset (ROA) is 11.49% on average.
