First Solar Inc (FSLR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Solar industry segment, falling under the Technology sector. The current market capitalization of First Solar Inc is $20.46B. A total of 1.72 million shares were traded on the day, compared to an average of 2.77M shares.

In the most recent transaction, Gloeckler Markus sold 3,601 shares of FSLR for 198.52 per share on Oct 31 ’24. After the transaction, the Chief Technology Officer now owns 8,935 company shares. In a previous transaction on Oct 31 ’24, Gloeckler Markus bought 3,601 shares at 198.52 per share.

Among the insiders who sold shares, Buehler Patrick James disposed of 8,619 shares on Aug 13 ’24 at a per-share price of $222.00. This resulted in the Chief Product Officer holding 3,468 shares of FSLR after the transaction. In another insider transaction, Jeffers Byron Michael sold 500 shares at $220.00 per share on Aug 12 ’24. Company shares held by the VP – Global Controller and CAO now total 0.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FSLR has a high of $306.77 and a low of $135.88.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FSLR’s latest balance sheet shows that the firm has $1.83B in Cash & Short Term Investments as of fiscal 2021. There were $398.59M in debt and $726.88M in liabilities at the time. Its Book Value Per Share was $70.93, while its Total Shareholder’s Equity was $5.96B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FSLR is Buy with a score of 4.53.

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