First Solar Inc (NASDAQ: FSLR) started the day on Thursday, with a price increase of 1.89% at $196.04, before settling in for the price of $192.41 at the close. Taking a more long-term approach, FSLR posted a 52-week range of $129.21-$306.77.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 9.81%. Meanwhile, its Annual Earning per share during the time was 41.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 73.94%. This publicly-traded company’s shares outstanding now amounts to $106.85 million, simultaneously with a float of $101.33 million. The organization now has a market capitalization sitting at $20.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $224.64, while the 200-day Moving Average is $201.82.
First Solar Inc (FSLR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Solar Industry. First Solar Inc’s current insider ownership accounts for 5.34%, in contrast to 87.39% institutional ownership. According to the most recent insider trade that took place on Aug 13 ’24, this organization’s Chief Product Officer sold 8,619 shares at the rate of 222.00, making the entire transaction reach 1,913,418 in total value, affecting insider ownership by 3,468. Preceding that transaction, on Aug 12 ’24, Company’s VP – Global Controller and CAO sold 500 for 220.00, making the whole transaction’s value amount to 110,000. This particular insider is now the holder of 0 in total.
First Solar Inc (FSLR) Earnings and Revenue Records
First Solar Inc’s EPS increase for this current 12-month fiscal period is 73.94% and is forecasted to reach 21.09 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.50% through the next 5 years, which can be compared against the 41.58% growth it accomplished over the previous five years trading on the market.
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 1.65. The Stock has managed to achieve an average true range (ATR) of 8.98. Alongside those numbers, its PE Ratio stands at $17.51, and its Beta score is 1.46. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.58.
In the same vein, FSLR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.20, a figure that is expected to reach 3.11 in the next quarter, and analysts are predicting that it will be 21.09 at the market close of one year from today.
Technical Analysis of First Solar Inc (FSLR)
If we take a close look at the recent performances of First Solar Inc (NASDAQ: FSLR), its last 5-days Average volume was 2.86 million that shows progress from its year to date volume of 2.39 million. During the previous 9 days, stock’s Stochastic %D was recorded 18.46% While, its Average True Range was 8.28.
Raw Stochastic average of First Solar Inc (FSLR) in the period of the previous 100 days is set at 4.51%, which indicates a major fall in contrast to 12.82% 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 50.82% that was lower than 55.14% volatility it exhibited in the past 100-days period.
