First Solar Inc. (FSLR) Dips 3.75% for January 12

Equities Staff |

Among the S&P 500’s biggest fallers on Friday January 12 was First Solar Inc. (FSLR). The stock experienced a 3.75% decline to $73.41 with 4.02 million shares changing hands.

First Solar Inc. started at an opening price of 75.56 and hit a high of $75.78 and a low of $72.36. Ultimately, the stock took a hit and finished the day at $2.86 per share. First Solar Inc. trades an average of 2.43 million shares a day out of a total 104.43 million shares outstanding. The current moving averages are a 50-day SMA of $64.73 and a 200-day SMA of $46.80. First Solar Inc. hit a high of $76.61 and a low of $25.56 over the last year.

First Solar Inc is a provider of solar energy solutions. It designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. It also manufactures crystalline silicon solar modules.

With its headquarters located in Tempe, AZ, First Solar Inc. employs 5,400 people. After today’s trading, the company’s market cap has fallen to $7.67 billion, a P/S of 3.06, a P/B of 1.39, and a P/FCF of 13.5.

To dig deeper into the fundamentals of First Solar Inc. and perform your own analysis, visit our Stock Valuation Analysis tool for FSLR.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on First Solar Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FSLR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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