First Solar Stock Hits New 52-Week Low (FSLR)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week low Thursday as it is currently trading at $13.10, below its previous 52-week low of $13.21 with 289,859 shares traded as of 9:40 a.m. ET. Average volume has been 6.4 million shares over the past 30 days.
First Solar has a market cap of $1.23 billion and is part of the
sector and
industry. Shares are down 57.8% year to date as of the close of trading on Wednesday.
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First Solar, Inc. engages in the design, manufacture, and sale of solar modules using a thin-film semiconductor technology in the United States and internationally. The company is also involved in the design, construction, and sale of photovoltaic solar power systems.
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TheStreet Ratings rates First Solar as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full
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