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First Solar, Inc. (FSLR)

08 December 2017

First Solar, Inc. (FSLR) is intriguing when broken down to its core data.

Market capitalization is the total dollar market value of a company's shares. First Solar Inc (FSLR) now has a 14-day Commodity Channel Index (CCI) of -41.39. Now, we're seeing some signs of buying, but there are a few hurdles Alibaba stock needs to overcome before declaring the "all clear". (NASDAQ:FSLR)'s shares owned by insiders are 0.40%, whereas shares owned by institutional owners are 54.40%. It has underperformed by 42.02% the S&P500. Current market cap is $6.38B and the stock has an EPS of -$4.16.

FSLR has been the topic of a number of other reports. It has a 38.45 P/E ratio. The firm also provides networking products comprising Ethernet solutions comprising Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors. Channing Capital Management Llc, a Illinois-based fund reported 2.16 million shares. 60,975 are owned by Goelzer Mgmt Inc. Finally, Barclays cut shares of Canadian Solar from an "equal weight" rating to an "underweight" rating and raised their target price for the stock from $12.00 to $14.00 in a research report on Monday, August 21st. The solar cell manufacturer reported $1.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $1.11.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Canadian Solar Inc (NASDAQ:CSIQ) high price target of $32 and with a conservative view have low price target of $11.3. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. Therefore 67% are positive. Its Zacks Consensus Estimate for fourth quarter of 2017 climbed almost 45.5% to 16 cents per share in the last 30 days. Some better-ranked stocks in the solar space include SolarEdge Technologies, Inc. (NASDAQ:FSLR) has "Buy" rating given on Friday, April 29 by Standpoint Research.

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Canadian Solar (NASDAQ CSIQ) opened at $16.56 on Thursday. Roth Capital has "Buy" rating and $60.0 target. The firm has "Outperform" rating by Oppenheimer given on Thursday, December 10. (NASDAQ:FSLR) earned "Buy" rating by Roth Capital on Wednesday, July 26. Eleven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The rating was maintained by Needham with "Buy" on Wednesday, August 5. Going forward to year-to-date check then we concluded that it resulted performance is positive with move of 35.47%.

Investors sentiment increased to 1.56 in 2017 Q2. Its up 0.46, from 1.1 in 2017Q1. Jupiter Asset Mngmt invested in 0.24% or 173,143 shares. On the opposite side of that transaction from Dimensional Fund Advisors Lp stood Blackrock Inc. which added 287959 shares to its existing stake, bringing total stake held in FSLR to 7.18 million shares. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.88 and a current ratio of 0.95.

Canadian Solar Inc (NASDAQ:CSIQ) 52-week high price stands at $19.09 and low price stands at $10.86, its price distance from 52-week high is -13.57% while its distance from 52-week low price is 51.93%. Alpha One also gave media headlines about the solar energy provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. 5,050 were reported by Next Grp Incorporated. That transaction by Blackrock took place on September 30, 2017, the same day Vanguard Group Inc purchased an additional 53078 shares in FSLR to bring its total stake to 6.6 million. Ontario - Canada-based Agf Investments America has invested 0.56% in First Solar, Inc. (NASDAQ:FSLR). Public Employees Retirement Of Ohio has 0.01% invested in First Solar, Inc. (NASDAQ:FSLR). Guinness Asset Management Limited invested in 7,100 shares or 0.06% of the stock. Trillium Asset Management Lc accumulated 166,308 shares. Riley Financial Inc. Acquires Shares of 5,773 First Solar, Inc. (NASDAQ:FSLR), Zacks tracked 14 brokers to create the consensus EPS estimate. Retirement System Of Alabama accumulated 225,834 shares or 0.05% of the stock.

Canadian Solar Inc (NASDAQ:CSIQ)'s trailing twelve month revenues are $2.95 Billion, whereas its price to sales ratio for the same period is 0.32.

First Solar, Inc. (FSLR)