The 36-month beta value for CSLR is also noteworthy at 0.36. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CSLR is 28.84M, and at present, short sellers hold a 0.57% of that float. The average trading volume of CSLR on April 22, 2024 was 68.96K shares.
CSLR) stock’s latest price update
The stock of Complete Solaria Inc. (NASDAQ: CSLR) has increased by 69.81 when compared to last closing price of 0.26. Despite this, the company has experienced a -13.46% fall in its stock price over the last five trading sessions. GlobeNewsWire reported 2023-10-30 that Complete Solaria will release its financial results after market close Tuesday, Nov. 14, and will also host a call at 5pm ET to review 3Q performance.
CSLR’s Market Performance
CSLR’s stock has fallen by -13.46% in the past week, with a monthly drop of -15.25% and a quarterly drop of -60.87%. The volatility ratio for the week is 76.85% while the volatility levels for the last 30 days are 31.49% for Complete Solaria Inc. The simple moving average for the past 20 days is -11.43% for CSLR’s stock, with a -77.58% simple moving average for the past 200 days.
Analysts’ Opinion of CSLR
Many brokerage firms have already submitted their reports for CSLR stocks, with Cantor Fitzgerald repeating the rating for CSLR by listing it as a “Overweight.” The predicted price for CSLR in the upcoming period, according to Cantor Fitzgerald is $6 based on the research report published on January 08, 2024 of the current year 2024.
CSLR Trading at -44.48% from the 50-Day Moving Average
After a stumble in the market that brought CSLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.19% of loss for the given period.
Volatility was left at 31.49%, however, over the last 30 days, the volatility rate increased by 76.85%, as shares sank -27.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.39% lower at present.
During the last 5 trading sessions, CSLR fell by -13.46%, which changed the moving average for the period of 200-days by -95.73% in comparison to the 20-day moving average, which settled at $0.4996. In addition, Complete Solaria Inc. saw -71.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CSLR
Current profitability levels for the company are sitting at:
- -0.57 for the present operating margin
- 0.15 for the gross margin
The net margin for Complete Solaria Inc. stands at -2.39. The total capital return value is set at 1.05. Equity return is now at value -58.26, with -38.35 for asset returns.
Based on Complete Solaria Inc. (CSLR), the company’s capital structure generated -4.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.93. The debt to equity ratio resting at -0.82. The interest coverage ratio of the stock is -6.08.
Currently, EBITDA for the company is -51.43 million with net debt to EBITDA at -0.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 4.3for trailing twelve months and the total asset turnover is 2.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.
Conclusion
In summary, Complete Solaria Inc. (CSLR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
