First Solar (FSLR) Shares are Down -0.71%

First Solar (FSLR) : During the past 4 weeks, traders have been relatively bearish on First Solar (FSLR), hence the stock is down -19.43% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.06% relative to the S&P 500. The 4-week change in the price of the stock is -19.6% and the stock has fallen -0.71% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 8.31% and the fifty day Moving Average is 16.49%. First Solar, Inc. has dropped 24.79% during the last three month period . Year-to-Date the stock performance stands at -43.13%.

First Solar (FSLR) : The highest level First Solar (FSLR) is projected to reach is $68 for the short term and the lowest estimate is at $44. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $56.4 and the possibility the share price can swing is $7.85.


First Solar (NASDAQ:FSLR): stock turned positive on Friday. Though the stock opened at $37.32, the bulls momentum made the stock top out at $38.14 level for the day. The stock recorded a low of $37.25 and closed the trading day at $37.53, in the green by 1.32%. The total traded volume for the day was 2,970,400. The stock had closed at $37.04 in the previous days trading.

First Solar, Inc. is a global provider of solar energy solutions. The Company designs, manufactures and sells photovoltaic (PV) solar modules, and also develops, designs, constructs and sells PV solar power solutions. The Company operates through two segments: components and systems. The Companys components segment involves the design, manufacture and sale of solar modules, which convert sunlight into electricity. The systems segment provides turn-key PV solar power systems or solar solutions for systems primarily using its solar modules. The Company also manufactures crystalline silicon solar modules and single-axis mounting systems with tracking capabilities. The Company offers its products and services for residential, commercial and industrial applications, including solar power system project developers, system integrators and solar plant operators, throughout the Americas, Asia, Australia, the Middle East and Africa.

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