Now that Canadian Solar Inc’s volume has hit 2.39 million, investors get a glimpse of its size.

On Friday, Canadian Solar Inc (NASDAQ: CSIQ) opened higher 8.52% from the last session, before settling in for the closing price of $14.90. Price fluctuations for CSIQ have ranged from $11.41 to $26.85 over the past 52 weeks.

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A company in the Technology sector has jumped its sales by 17.87% annually for the last half of the decade. Company’s average yearly earnings per share was noted -77.62% at the time writing. With a float of $47.29 million, this company’s outstanding shares have now reached $66.16 million.

In an organization with 22234 employees, it is important to assess its efficiency.

Canadian Solar Inc (CSIQ) Insider Updates

A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Canadian Solar Inc is 28.53%, while institutional ownership is 49.79%. The most recent insider transaction that took place on Sep 11 ’24, was worth 45,608.

Canadian Solar Inc (CSIQ) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -77.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 0.83% growth over the previous five years of trading.

Canadian Solar Inc (NASDAQ: CSIQ) Trading Performance Indicators

Check out the current performance indicators for Canadian Solar Inc (CSIQ). In the past quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.54, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach 3.00 in one year’s time.

Technical Analysis of Canadian Solar Inc (CSIQ)

Let’s dig in a bit further. During the last 5-days, its volume was 1.45 million. That was inferior than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.28%. Additionally, its Average True Range was 0.87.

During the past 100 days, Canadian Solar Inc’s (CSIQ) raw stochastic average was set at 49.38%, which indicates a significant decrease from 97.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.08% in the past 14 days, which was lower than the 74.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.23, while its 200-day Moving Average is $18.10. However, in the short run, Canadian Solar Inc’s stock first resistance to watch stands at $16.58. Second resistance stands at $17.00. The third major resistance level sits at $17.70. If the price goes on to break the first support level at $15.47, it is likely to go to the next support level at $14.77. Assuming the price breaks the second support level, the third support level stands at $14.35.

Canadian Solar Inc (NASDAQ: CSIQ) Key Stats

There are currently 66,159K shares outstanding in the company with a market cap of 1.07 billion. Presently, the company’s annual sales total 7,614 M according to its annual income of 274,190 K. Last quarter, the company’s sales amounted to 1,635 M and its income totaled 3,820 K.