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 -24.02% away from its 52-week high, while its distance from the 52-week low is 36.42%. 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 1.68 million for the day, a number notably lower than the average daily volume of 2.15 million over the last three months.
First Solar Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $232.00 on 05/12/23, while the lowest price for the same period was registered 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 19.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.87B 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 160.59, with a change in price of +31.54. Similarly, First Solar Inc recorded 2,164,140 in trading volume during the last 100 days, posting a change of +21.88%.
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 0.10. Similarly, the long-term debt-to-equity ratio is also 0.07.
FSLR Stock Stochastic Average
First Solar Inc’s raw stochastic average for the past 50 days is presently 72.97%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 40.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.18% and 56.48%, 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. The index has shown a price gain of 2.32% this year. Over the last six months, there has been a weaker performance of 23.75%. The price of FSLR fallen by 5.72% during the last 30 days period. For the last 5-days stocks have improved 0.72%.
