Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of First Solar Inc (NASDAQ: FSLR) closed at $208.22 in the last session, up 1.39% from day before closing price of $205.36. In other words, the price has increased by $1.39 from its previous closing price. On the day, 1.22 million shares were traded. FSLR stock price reached its highest trading level at $208.54 during the session, while it also had its lowest trading level at $202.15.
Ratios:
We take a closer look at FSLR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
On August 14, 2024, Clarksons Platou started tracking the stock assigning a Buy rating and target price of $270.
DZ Bank Upgraded its Hold to Buy on August 01, 2024, while the target price for the stock was maintained at $280.
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 Aug 13 ’24 when Buehler Patrick James sold 8,619 shares for $222.00 per share. The transaction valued at 1,913,418 led to the insider holds 3,468 shares of the business.
Jeffers Byron Michael sold 500 shares of FSLR for $110,000 on Aug 12 ’24. The VP – Global Controller and CAO now owns 0 shares after completing the transaction at $220.00 per share. On Aug 13 ’24, another insider, Buehler Patrick James, who serves as the Officer of the company, bought 8,619 shares for $222.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSLR now has a Market Capitalization of 22289326080 and an Enterprise Value of 21170898944. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.60, and their Forward P/E ratio for the next fiscal year is 9.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.92 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 5.624 whereas that against EBITDA is 12.954.
Stock Price History:
Over the past 52 weeks, FSLR has reached a high of $306.77, while it has fallen to a 52-week low of $129.21. The 50-Day Moving Average of the stock is -5.62%, while the 200-Day Moving Average is calculated to be 8.97%.
Shares Statistics:
According to the various share statistics, FSLR traded on average about 2.41M shares per day over the past 3-months and 1348940 shares per day over the past 10 days. A total of 106.85M shares are outstanding, with a floating share count of 101.33M. Insiders hold about 5.34% of the company’s shares, while institutions hold 87.44% stake in the company. Shares short for FSLR as of 1723680000 were 4330923 with a Short Ratio of 1.80, compared to 1721001600 on 4687748. Therefore, it implies a Short% of Shares Outstanding of 4330923 and a Short% of Float of 5.3000003.
