As on Wednesday, Canadian Solar Inc (NASDAQ: CSIQ) got off with the flyer as it spiked 11.26% to $12.45, before settling in for the price of $11.19 at the close. Taking a more long-term approach, CSIQ posted a 52-week range of $6.57-$19.55.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was -28.41%. Meanwhile, its Annual Earning per share during the time was -28.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -98.32%. This publicly-traded company’s shares outstanding now amounts to $66.17 million, simultaneously with a float of $45.58 million. The organization now has a market capitalization sitting at $833.81 million. At the time of writing, stock’s 50-day Moving Average stood at $10.31, while the 200-day Moving Average is $11.28.
Canadian Solar Inc (CSIQ) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. Canadian Solar Inc’s current insider ownership accounts for 31.94%, in contrast to 48.10% institutional ownership.
Canadian Solar Inc (CSIQ) Earnings and Revenue Records
Canadian Solar Inc’s EPS decrease for this current 12-month fiscal period is -98.32% and is forecasted to reach 1.50 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 66.38% through the next 5 years, which can be compared against the -28.41% 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. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.14.
In the same vein, CSIQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.20, a figure that is expected to reach 1.35 in the next quarter, and analysts are predicting that it will be 1.50 at the market close of one year from today.
Technical Analysis of Canadian Solar Inc (CSIQ)
Through scrutinizing the latest numbers posted by the [Canadian Solar Inc, CSIQ], it can be observed that its last 5-days Average volume of 1.45 million was lower the volume of 1.77 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 80.59% While, its Average True Range was 0.70.
Raw Stochastic average of Canadian Solar Inc (CSIQ) in the period of the previous 100 days is set at 94.53%, which indicates a major rise in contrast to 88.28% 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 65.72% that was lower than 86.48% volatility it exhibited in the past 100-days period.
