The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. First Solar Inc’s current trading price is -23.27% away from its 52-week high, while its distance from the 52-week low is 37.76%. The stock’s price range for this period has been between $129.21 and $232.00 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 3.34 million for the day, a number notably higher than the average daily volume of 2.13 million over the last three months.
First Solar Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $232.00 on 05/12/23 and the lowest value was $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 20.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.05B 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 158.13, with a change in price of +19.41. Similarly, First Solar Inc recorded 2,168,495 in trading volume during the last 100 days, posting a change of +12.24%.
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
As of today, First Solar Inc’s raw stochastic average for the last 50 days stands at 79.34%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 75.36%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.17% and 75.56%, respectively.
FSLR Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 3.33%.However, over the last six months, we can see a weaker performance of 17.66%. Over the last 30 days, the price of FSLR has fallen by 19.09%. And in the last five days, it has fallen by -3.93%.
