Witnessing the stock’s movement on the chart, on Wednesday, Canadian Solar Inc (NASDAQ: CSIQ) had a quiet start as it plunged -4.05% to $12.07, before settling in for the price of $12.58 at the close. Taking a more long-term approach, CSIQ posted a 52-week range of $10.91-$26.85.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 17.87%. Meanwhile, its Annual Earning per share during the time was 0.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -84.11%. This publicly-traded company’s shares outstanding now amounts to $66.16 million, simultaneously with a float of $47.29 million. The organization now has a market capitalization sitting at $798.73 million. At the time of writing, stock’s 50-day Moving Average stood at $13.50, while the 200-day Moving Average is $15.78.
Canadian Solar Inc (CSIQ) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Solar industry. Canadian Solar Inc’s current insider ownership accounts for 28.53%, in contrast to 52.14% institutional ownership.
Canadian Solar Inc (CSIQ) Earnings and Revenue Records
Canadian Solar Inc’s EPS decrease for this current 12-month fiscal period is -84.11% and is forecasted to reach 2.20 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.50% through the next 5 years, which can be compared against the 0.83% growth it accomplished over the previous five years trading on the market.
Canadian Solar Inc (NASDAQ: CSIQ) Trading Performance Indicators
Let’s observe the current performance indicators for Canadian Solar Inc (CSIQ). It’s Quick Ratio in the last reported quarter now stands at 0.69. The Stock has managed to achieve an average true range (ATR) of 0.84. Alongside those numbers, its PE Ratio stands at $22.29, and its Beta score is 1.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.12.
In the same vein, CSIQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.54, a figure that is expected to reach -0.21 in the next quarter, and analysts are predicting that it will be 2.20 at the market close of one year from today.
Technical Analysis of Canadian Solar Inc (CSIQ)
Going through the that latest performance of [Canadian Solar Inc, CSIQ]. Its last 5-days volume of 1.68 million was inferior to the volume of 1.73 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 63.61% While, its Average True Range was 0.76.
Raw Stochastic average of Canadian Solar Inc (CSIQ) in the period of the previous 100 days is set at 13.43%, which indicates a major fall in contrast to 48.78% 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 72.25% that was lower than 88.66% volatility it exhibited in the past 100-days period.
