First Solar Inc (FSLR) concluded trading on Wednesday at a closing price of $156.84, with 7.05 million shares of worth about $1.11 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.12% during that period and on Wednesday the price saw a gain of about 6.36%. Currently the company’s common shares owned by public are about 107.06M shares, out of which, 99.67M shares are available for trading.
Stock saw a price change of -3.48% in past 5 days and over the past one month there was a price change of -4.55%. Year-to-date (YTD), FSLR shares are showing a performance of -11.01% which increased to 9.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $141.76 but also hit the highest price of $306.77 during that period. The average intraday trading volume for First Solar Inc shares is 2.18 million. The stock is currently trading -3.13% below its 20-day simple moving average (SMA20), while that difference is down -10.40% for SMA50 and it goes to -25.68% lower than SMA200.
First Solar Inc (NASDAQ: FSLR) currently have 107.06M outstanding shares and institutions hold larger chunk of about 90.56% of that.
The stock has a current market capitalization of $16.79B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 13.06, while it has posted earnings per share of $12.01 in the same period. Its PEG reads 0.38 and has Quick Ratio of 1.93 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FSLR, volatility over the week remained 5.27% while standing at 4.15% over the month.
Stock’s fiscal year EPS is expected to rise by 57.59% while it is estimated to increase by 40.93% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on February 11, 2025 offering an Outperform rating for the stock and assigned a target price range of between $218 and $259 to it. Coverage by Seaport Research Partners stated First Solar Inc (FSLR) stock as a Buy in their note to investors on January 16, 2025, suggesting a price target of $274 for the stock. On November 05, 2024, Seaport Research Partners Initiated their recommendations, while on October 29, 2024, Janney Upgrade their ratings for the stock with a price target of $260. Stock get a Buy rating from Citigroup on October 22, 2024.
