Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. First Solar Inc’s current trading price is -35.61% away from its 52-week high, while its distance from the 52-week low is 15.61%. The stock’s price range over this period has fluctuated between $129.21 and $232.00. The company, operating within the financial sector, had a trading volume of approximately 2.71 million for the day, which was noticeably higher than the average daily share volume of 2.22 million over the last 3 months.
First Solar Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $232.00 on 05/12/23, while the lowest value for the same period was recorded at $129.21 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
First Solar Inc (FSLR) has experienced a quarterly rise of 6.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.96B and boasts a workforce of 6700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 153.56, with a change in price of -2.58. Similarly, First Solar Inc recorded 2,337,621 in trading volume during the last 100 days, posting a change of -1.70%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FSLR stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.08.
FSLR Stock Stochastic Average
Today, First Solar Inc’s raw stochastic average for the past 50 days stands at 39.02%, indicating a rise from the raw stochastic average of the last 20 days, which was 28.47%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 51.47% and 64.49% respectively.
FSLR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -13.29% this year. Over the last six months, there has been a stronger performance of -12.38%. The price of FSLR leaped by -1.94% during the last 30 days period. For the last 5-days stocks have slided -6.84%.
