On Monday, Canadian Solar Inc (NASDAQ: CSIQ) was -1.32% drop from the session before settling in for the closing price of $11.38. A 52-week range for CSIQ has been $10.60 – $26.85.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 17.87%. When this article was written, the company’s average yearly earnings per share was at -97.45%. With a float of $47.29 million, this company’s outstanding shares have now reached $66.16 million.
Considering the fact that the conglomerate employs 22234 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.13%, operating margin of 1.02%, and the pretax margin is 0.81%.
Canadian Solar Inc (CSIQ) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canadian Solar Inc stocks. The insider ownership of Canadian Solar Inc is 28.53%, while institutional ownership is 52.01%. The most recent insider transaction that took place on Dec 16 ’24, was worth 36,522. Before that another transaction happened on Sep 11 ’24, when Company’s Director proposed sale 3,687 for $12.37, making the entire transaction worth $45,608.
Canadian Solar Inc (CSIQ) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -97.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% 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
You can see what Canadian Solar Inc (CSIQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 1.56 in one year’s time.
Technical Analysis of Canadian Solar Inc (CSIQ)
Compared to the last year’s volume of 1.74 million, its volume of 1.19 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.57%. Additionally, its Average True Range was 0.71.
During the past 100 days, Canadian Solar Inc’s (CSIQ) raw stochastic average was set at 7.09%, which indicates a significant decrease from 24.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.80% in the past 14 days, which was lower than the 87.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.50, while its 200-day Moving Average is $15.02. Nevertheless, the first resistance level for the watch stands at $11.43 in the near term. At $11.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.91. If the price goes on to break the first support level at $10.95, it is likely to go to the next support level at $10.67. Now, if the price goes above the second support level, the third support stands at $10.47.
Canadian Solar Inc (NASDAQ: CSIQ) Key Stats
There are 66,159K outstanding shares of the company, which has a market capitalization of 734.11 million. As of now, sales total 7,614 M while income totals 274,190 K. Its latest quarter income was 1,508 M while its last quarter net income were -14,030 K.
