Argus lowered their target price on First Solar from $90.00 to $66.00 and set a “buy” rating for the company in a report on Wednesday, May 18th. Zacks Investment Research upgraded shares of Canadian Solar from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Tuesday, July 5th. In a report issued on August 24, Barclays analyst Jon Windham reiterated a Hold rating on CSIQ, with a price target of $14, which represents a potential upside of 6.5% from where the stock is now trading. (GLW). The consensus rating is 2.6, suggesting the market has given up on the stock. The stock has relative volume of 1.00. The stock was sold at an average price of $44.54, for a total value of $5,957,714.94. The company has market capitalization of $61.53B. A trade or transaction occurs when the buyer and seller agree on a price for the security. The trading volume was recorded to 1.16 million shares as compared to average traded volume of 2.56 million shares.
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Institutional Investors own 35.64% of Canadian Solar shares. The disclosure for this sale can be found here.
Canadian Solar Inc. has a 50 day moving average of 13.81 and a 200 day moving average of 16.95. The company had a trading volume of 3,331,774 shares.
Canadian Solar (NASDAQ:CSIQ): After opening at $12.82, the stock dipped to an intraday low of $12.82 on Friday. The firm has a SMA 50 (Simple Moving Average) of $0.2400 and a SMA 200-(Simple Moving Average) of $0.5420.
Earnings Roundup: In the last fiscal quarter alone, Ascent Solar Technologies, Inc. generated almost $750000 in sales and net income of -$26/share.
EPS growth in past 5 year was 0.00%. Analysts had an estimated revenue of $865.37M. News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Canadian Solar Inc. with MarketBeat.com’s FREE daily email newsletter. Analysts expect that Canadian Solar will post $1.61 EPS for the current year. The number of shares now owned by investors are 77.73 mln. BlackRock Fund Advisors boosted its stake in First Solar by 1.0% in the first quarter. Due to strong positive momentum, the stock ended at $38.44, which is also near the day’s high of $38.47. Finally, Quantitative Systematic Strategies LLC boosted its stake in shares of Canadian Solar by 27.2% in the second quarter.
As of last closing trade, the bid price was observed at $57.00 and the ask price was noted at $60.15. Geode Capital Management LLC boosted its stake in First Solar by 1.0% in the first quarter. Palo Capital Inc. purchased a new stake in shares of Canadian Solar during the second quarter worth approximately $374,000.
First Solar Inc.is a global provider of solar energy solutions.
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Ascent Solar Technologies, Inc.’s (ASTI) stock price showed weak performance of -15.82% in last seven days. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services.
