Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Canadian Solar Inc (NASDAQ: CSIQ) closed at $9.79 in the last session, up 6.30% from day before closing price of $9.21. In other words, the price has increased by $6.30 from its previous closing price. On the day, 1.19 million shares were traded.
Ratios:
We take a closer look at CSIQ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 1.12.
On April 17, 2025, Citigroup Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $8.
Goldman Downgraded its Neutral to Sell on December 17, 2024, whereas the target price for the stock was revised from $14 to $11.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when Wong Andrew Luen Cheung bought 2,878 shares for $12.69 per share.
Wong Andrew Luen Cheung bought 3,687 shares of CSIQ for $45,608 on Sep 11 ’24.
Valuation Measures:
As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.78, and their Forward P/E ratio for the next fiscal year is 4.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.23.
Stock Price History:
Over the past 52 weeks, CSIQ has reached a high of $21.05, while it has fallen to a 52-week low of $6.57. The 50-Day Moving Average of the stock is 8.07%, while the 200-Day Moving Average is calculated to be -17.56%.
Shares Statistics:
A total of 66.95M shares are outstanding, with a floating share count of 45.73M. Insiders hold about 31.70% of the company’s shares, while institutions hold 45.54% stake in the company.
