First Solar Inc (NASDAQ: FSLR) on Tuesday, plunged -7.44% from the previous trading day, before settling in for the closing price of $130.05. Within the past 52 weeks, FSLR’s price has moved between $120.60 and $306.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 7.88% over the past five years. The company achieved an average annual earnings per share of 50.31%. With a float of $101.15 million, this company’s outstanding shares have now reached $107.06 million.
Let’s look at the performance matrix of the company that is accounted for 8100 employees. In terms of profitability, gross margin is 44.06%, operating margin of 34.13%, and the pretax margin is 33.43%.
First Solar Inc (FSLR) Insider and Institutional Ownership
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of First Solar Inc is 5.52%, while institutional ownership is 90.87%. The most recent insider transaction that took place on Mar 18 ’25, was worth 64,301. In this transaction Chief Manufacturing Officer of this company sold 503 shares at a rate of $127.83, taking the stock ownership to the 4,695 shares. Before that another transaction happened on Mar 17 ’25, when Company’s Chief Commercial Officer sold 229 for $133.75, making the entire transaction worth $30,629. This insider now owns 52,836 shares in total.
First Solar Inc (FSLR) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 50.31% per share during the next fiscal year.
First Solar Inc (NASDAQ: FSLR) Trading Performance Indicators
First Solar Inc (FSLR) is currently performing well based on its current performance indicators. A quick ratio of 1.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.02, a number that is poised to hit 2.52 in the next quarter and is forecasted to reach 25.61 in one year’s time.
Technical Analysis of First Solar Inc (FSLR)
First Solar Inc (NASDAQ: FSLR) saw its 5-day average volume 4.99 million, a positive change from its year-to-date volume of 2.96 million. As of the previous 9 days, the stock’s Stochastic %D was 32.10%. Additionally, its Average True Range was 8.36.
During the past 100 days, First Solar Inc’s (FSLR) raw stochastic average was set at 1.93%, which indicates a significant decrease from 8.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.23% in the past 14 days, which was higher than the 50.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $143.97, while its 200-day Moving Average is $193.97. Nevertheless, the first resistance level for the watch stands at $132.22 in the near term. At $144.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $150.88. If the price goes on to break the first support level at $113.56, it is likely to go to the next support level at $106.73. The third support level lies at $94.90 if the price breaches the second support level.
First Solar Inc (NASDAQ: FSLR) Key Stats
Market capitalization of the company is 12.91 billion based on 107,062K outstanding shares. Right now, sales total 4,206 M and income totals 1,292 M. The company made 1,514 M in profit during its latest quarter, and 393,120 K in sales during its previous quarter.
