For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $11.09 in the prior trading day, Canadian Solar Inc (NASDAQ: CSIQ) closed at $10.33, down -6.85%. In other words, the price has decreased by -$6.85 from its previous closing price. On the day, 1.33 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CSIQ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 1.28.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 16 ’25 when Chang Huifeng bought 21,743 shares for $11.04 per share.
Chang Huifeng bought 5,579 shares of CSIQ for $63,433 on Jun 11 ’25. On May 22 ’25, another insider, Chang Leslie Li Hsien, who serves as the Director of the company, bought 20,000 shares for $10.50 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.25.
Stock Price History:
Over the past 52 weeks, CSIQ has reached a high of $19.55, while it has fallen to a 52-week low of $6.57. The 50-Day Moving Average of the stock is 7.59%, while the 200-Day Moving Average is calculated to be -9.12%.
Shares Statistics:
A total of 66.17M shares are outstanding, with a floating share count of 45.58M. Insiders hold about 31.94% of the company’s shares, while institutions hold 48.21% stake in the company.