First Solar Inc (FSLR) last month performance of 18.18% certainly makes it a sizzling prospect

First Solar Inc (NASDAQ: FSLR) open the trading on Thursday, with a bit cautious approach as it glided -2.09% to $174.29, before settling in for the price of $178.01 at the close. Taking a more long-term approach, FSLR posted a 52-week range of $129.21-$232.00.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 9.81%. Meanwhile, its Annual Earning per share during the time was 41.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 75.13%. This publicly-traded company’s shares outstanding now amounts to $106.85 million, simultaneously with a float of $100.26 million. The organization now has a market capitalization sitting at $18.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $160.12, while the 200-day Moving Average is $165.23.

First Solar Inc (FSLR) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Solar industry. First Solar Inc’s current insider ownership accounts for 6.32%, in contrast to 89.27% institutional ownership. According to the most recent insider trade that took place on Apr 04 ’24, this organization’s Chief Commercial Officer sold 2,400 shares at the rate of 176.00, making the entire transaction reach 422,400 in total value, affecting insider ownership by 37,412. Preceding that transaction, on Apr 04 ’24, Company’s Chief Technology Officer sold 1,937 for 175.00, making the whole transaction’s value amount to 338,975. This particular insider is now the holder of 12,536 in total.

First Solar Inc (FSLR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 174.29 per share during the current fiscal year.

First Solar Inc’s EPS increase for this current 12-month fiscal period is 75.13% and is forecasted to reach 20.87 in the upcoming year.

First Solar Inc (NASDAQ: FSLR) Trading Performance Indicators

Let’s observe the current performance indicators for First Solar Inc (FSLR). It’s Quick Ratio in the last reported quarter now stands at 2.92. The Stock has managed to achieve an average true range (ATR) of 6.89. Alongside those numbers, its PE Ratio stands at $22.54, and its Beta score is 1.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.62.

In the same vein, FSLR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.73, a figure that is expected to reach 2.00 in the next quarter, and analysts are predicting that it will be 20.87 at the market close of one year from today.

Technical Analysis of First Solar Inc (FSLR)

[First Solar Inc, FSLR] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 31.36% While, its Average True Range was 7.07.

Raw Stochastic average of First Solar Inc (FSLR) in the period of the previous 100 days is set at 73.25%, which indicates a major rise in contrast to 46.37% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.71% that was lower than 42.48% volatility it exhibited in the past 100-days period.