Company’s 36-month beta value is 0.84.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CSLR is 38.20M, and currently, short sellers hold a 1.47% ratio of that floaft. The average trading volume of CSLR on September 25, 2024 was 2.56M shares.
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CSLR) stock’s latest price update
The stock price of Complete Solaria Inc. (NASDAQ: CSLR) has jumped by 8.39 compared to previous close of 2.99. Despite this, the company has seen a gain of 12.53% in its stock price over the last five trading days. globenewswire.com reported 2024-09-24 that LEHI, Utah, Sept. 24, 2024 (GLOBE NEWSWIRE) — Complete Solar Holdings, Inc. d/b/a Complete Solar (“Complete Solar” or the “Company”) (Nasdaq: CSLR), a solar technology, services, and installation company, today announced that the United States Bankruptcy Court for the District of Delaware has approved the going concern sale of substantially all assets of the Blue Raven, New Homes and Dealer businesses of SunPower Corporation and certain of its affiliates to Complete Solar for $45 million in cash.
CSLR’s Market Performance
Complete Solaria Inc. (CSLR) has experienced a 12.53% rise in stock performance for the past week, with a 68.80% rise in the past month, and a 155.20% rise in the past quarter. The volatility ratio for the week is 14.69%, and the volatility levels for the past 30 days are at 10.71% for CSLR. The simple moving average for the past 20 days is 47.47% for CSLR’s stock, with a 151.25% 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 80.59% 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 -3.25% of loss for the given period.
Volatility was left at 10.71%, however, over the last 30 days, the volatility rate increased by 14.69%, as shares surge +69.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +100.61% upper at present.
During the last 5 trading sessions, CSLR rose by +12.84%, which changed the moving average for the period of 200-days by +146.20% in comparison to the 20-day moving average, which settled at $2.26. In addition, Complete Solaria Inc. saw 101.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSLR starting from Gishen Adam, who sale 15,526 shares at the price of $1.75 back on Aug 19 ’24. After this action, Gishen Adam now owns 337,742 shares of Complete Solaria Inc., valued at $27,177 using the latest closing price.
Thiam Tidjane, the Director of Complete Solaria Inc., sale 30,000 shares at $1.59 during a trade that took place back on Aug 16 ’24, which means that Thiam Tidjane is holding 158,624 shares at $47,700 based on the most recent closing price.
Stock Fundamentals for CSLR
Current profitability levels for the company are sitting at:
- -0.74 for the present operating margin
- 0.17 for the gross margin
The net margin for Complete Solaria Inc. stands at -4.31. The total capital return value is set at 0.55. Equity return is now at value -2937.39, with -128.08 for asset returns.
Based on Complete Solaria Inc. (CSLR), the company’s capital structure generated -2.91 points at debt to capital in total, while cash flow to debt ratio is standing at -0.96. The debt to equity ratio resting at -0.74. The interest coverage ratio of the stock is -3.41.
Currently, EBITDA for the company is -51.43 million with net debt to EBITDA at -1.54. When we switch over and look at the enterprise to sales, we see a ratio of 4.46. The receivables turnover for the company is 4.6for trailing twelve months and the total asset turnover is 1.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.
Conclusion
In a nutshell, Complete Solaria Inc. (CSLR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
