First Solar Inc. (NASDAQ:FSLR) went down by -12.33% from its latest closing price compared to the recent 1-year high of $112.50. The company’s stock price has collected -13.58% of loss in the last five trading sessions. The Wall Street Journal reported on 04/30/21 that Twitter, Amazon, Clorox, Chevron: What to Watch When the Stock Market Opens Today
Is It Worth Investing in First Solar Inc. (NASDAQ :FSLR) Right Now?
First Solar Inc. (NASDAQ:FSLR) scored a price-to-earnings ratio above its average ratio, recording 15.81 x from its present earnings ratio. Plus, the 36-month beta value for FSLR is at 1.33. Opinions of the stock are interesting as 5 analysts out of 18 who provided ratings for First Solar Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 4 as “sell.”
The average price from analysts is $88.95, which is $5.27 above the current price. FSLR currently public float of 93.32M and currently shorts hold a 9.47% ratio of that float. Today, the average trading volume of FSLR was 2.47M shares.
FSLR’s Market Performance
FSLR stocks went down by -13.58% for the week, with a monthly drop of -12.34% and a quarterly performance of -22.81%, while its annual performance rate touched 73.89%. The volatility ratio for the week stands at 4.71% while the volatility levels for the past 30 days are set at 4.54% for First Solar Inc.. The simple moving average for the period of the last 20 days is -7.98% for FSLR stocks with a simple moving average of -7.58% for the last 200 days.
Analysts’ Opinion of FSLR
Many brokerage firms have already submitted their reports for FSLR stocks, with Barclays repeating the rating for FSLR by listing it as a “Equal Weight.” The predicted price for FSLR in the upcoming period, according to Barclays is $84 based on the research report published on April 22nd of the current year 2021.
Citigroup gave a rating of “Buy” to FSLR, setting the target price at $100 in the report published on April 19th of the current year.
FSLR Trading at -7.13% from the 50-Day Moving Average
After a stumble in the market that brought FSLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.97% of loss for the given period.
Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 4.71%, as shares sank -11.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.25% lower at present.
During the last 5 trading sessions, FSLR fell by -13.58%, which changed the moving average for the period of 200-days by +25.50% in comparison to the 20-day moving average, which settled at $82.68. In addition, First Solar Inc. saw -22.63% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at FSLR starting from KENNEDY R CRAIG, who sale 550 shares at the price of $79.59 back on Apr 15. After this action, KENNEDY R CRAIG now owns 25,648 shares of First Solar Inc., valued at $43,774 using the latest closing price.
ANTOUN GEORGES, the Chief Commercial Officer of First Solar Inc., sale 3,007 shares at $79.32 during a trade that took place back on Apr 14, which means that ANTOUN GEORGES is holding 30,065 shares at $238,511 based on the most recent closing price.
Stock Fundamentals for FSLR
Current profitability levels for the company are sitting at:
- +13.44 for the present operating margin
- +25.12 for the gross margin
The net margin for First Solar Inc. stands at +14.69. The total capital return value is set at 6.23, while invested capital returns managed to touch 6.86. Equity return is now at value 9.50, with 7.30 for asset returns.
Based on First Solar Inc. (FSLR), the company’s capital structure generated 8.74 points at debt to equity in total, while total debt to capital is 8.03. Total debt to assets is 6.78, with long-term debt to equity ratio resting at 7.73. Finally, the long-term debt to capital ratio is 7.11.
When we switch over and look at the enterprise to sales, we see a ratio of 3.43, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 5.39 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.56.