First Solar Inc (FSLR) volume exceeds 5.9 million: A new investment opportunity for investors

On Monday, First Solar Inc (NASDAQ: FSLR) opened higher 3.58% from the last session, before settling in for the closing price of $204.94. Price fluctuations for FSLR have ranged from $129.21 to $306.77 over the past 52 weeks.

During the last 5-year period, the sales growth of Technology Sector giant was 9.81%. Company’s average yearly earnings per share was noted 71.60% at the time writing. With a float of $101.34 million, this company’s outstanding shares have now reached $106.85 million.

Let’s determine the extent of company efficiency that accounts for 6700 employees. In terms of profitability, gross margin is 46.42%, operating margin of 35.75%, and the pretax margin is 34.71%.

First Solar Inc (FSLR) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of First Solar Inc is 5.34%, while institutional ownership is 88.01%. The most recent insider transaction that took place on Oct 31 ’24, was worth 714,871. In this transaction Chief Technology Officer of this company sold 3,601 shares at a rate of $198.52, taking the stock ownership to the 8,935 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Officer proposed sale 3,601 for $198.52, making the entire transaction worth $714,871.

First Solar Inc (FSLR) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 71.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.00% during the next five years compared to 41.58% growth over the previous five years of trading.

First Solar Inc (NASDAQ: FSLR) Trading Performance Indicators

Check out the current performance indicators for First Solar Inc (FSLR). In the past quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.61, a number that is poised to hit 4.80 in the next quarter and is forecasted to reach 20.62 in one year’s time.

Technical Analysis of First Solar Inc (FSLR)

Looking closely at First Solar Inc (NASDAQ: FSLR), its last 5-days average volume was 4.74 million, which is a jump from its year-to-date volume of 2.44 million. As of the previous 9 days, the stock’s Stochastic %D was 71.63%. Additionally, its Average True Range was 9.90.

During the past 100 days, First Solar Inc’s (FSLR) raw stochastic average was set at 23.67%, which indicates a significant decrease from 76.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.97% in the past 14 days, which was lower than the 54.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $221.38, while its 200-day Moving Average is $203.52. However, in the short run, First Solar Inc’s stock first resistance to watch stands at $219.19. Second resistance stands at $226.09. The third major resistance level sits at $230.99. If the price goes on to break the first support level at $207.39, it is likely to go to the next support level at $202.49. Now, if the price goes above the second support level, the third support stands at $195.59.

First Solar Inc (NASDAQ: FSLR) Key Stats

There are currently 107,058K shares outstanding in the company with a market cap of 23.95 billion. Presently, the company’s annual sales total 3,319 M according to its annual income of 830,780 K. Last quarter, the company’s sales amounted to 1,010 M and its income totaled 349,360 K.