First Solar Inc (NASDAQ:FSLR) price is hovering higher on Wednesday, April 17, jumping 1.57% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $173.08. The company’s P/E ratio in the trailing 12-month period read 22.74. Taking into account the 52-week price action we note that the stock hit a 52-week high of $232.00 and 52-week low of $129.21. The stock added 17.60% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give FSLR a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that FSLR’s price is at present 4.46% off the SMA20 and 10.77% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.56, with weekly volatility standing at 3.65%. The indicator jumps to 3.72% when calculated based on the past 30 days. First Solar Inc (NASDAQ:FSLR)’s beta value is holding at 1.38, while the average true range (ATR) indicator is currently reading 6.52.
An analysis of the First Solar Inc (NASDAQ:FSLR) stock in terms of its daily trading volume indicates that the 3-month average is 2.13 million.
Current records show that the company has 106.85M in outstanding shares. The insiders’ percentage holdings are 6.32% of outstanding shares while the percentage share held by institutions stands at 89.24%. But the 2.04% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
