Canadian Solar Inc (CSIQ) concluded trading on Thursday at a closing price of $9.28, with 3.41 million shares of worth about $31.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.52% during that period and on April 24, 2025 the price saw a gain of about 18.07%. Currently the company’s common shares owned by public are about 66.17M shares, out of which, 47.03M shares are available for trading.
Stock saw a price change of 29.25% in past 5 days and over the past one month there was a price change of -4.92%. Year-to-date (YTD), CSIQ shares are showing a performance of -16.55% which decreased to -38.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.57 but also hit the highest price of $21.05 during that period. The average intraday trading volume for Canadian Solar Inc shares is 1.90 million. The stock is currently trading 15.78% above its 20-day simple moving average (SMA20), while that difference is down -0.86% for SMA50 and it goes to -24.25% lower than SMA200.
Canadian Solar Inc (NASDAQ: CSIQ) currently have 66.17M outstanding shares and institutions hold larger chunk of about 49.43% of that.
The stock has a current market capitalization of $614.10M and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 18.09, while it has posted earnings per share of $0.51 in the same period. Its PEG reads 0.20 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 2.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CSIQ, volatility over the week remained 11.16% while standing at 10.56% over the month.
Stock’s fiscal year EPS is expected to drop by -236.21% while it is estimated to increase by 320.22% in next year. EPS is likely to grow at an annualized rate of 89.36% for next 5-years, compared to annual growth of -28.41% made by the stock over the past 5-years.
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 Citigroup on April 17, 2025 offering a Neutral rating for the stock and assigned a target price of $8 to it. Coverage by Goldman stated Canadian Solar Inc (CSIQ) stock as a Sell in their note to investors on December 17, 2024, suggesting a price target of $11 for the stock. On December 13, 2024, Mizuho Initiated their recommendations, while on November 22, 2024, Jefferies Initiated their ratings for the stock with a price target of $14.15. Stock get a Sell rating from Citigroup on October 22, 2024.
