First Solar Rises On Unusually High Volume (FSLR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- First Solar (Nasdaq: FSLR) is trading at unusually high volume Thursday with 11 million shares changing hands. It is currently at two times its average daily volume and trading up 88 cents (+2.4%) at $37.20 as of 3:46 p.m. ET.

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First Solar has a market cap of $3.43 billion and is part of the technology sector and electronics industry. Shares are up 27.5% year to date as of the close of trading on Wednesday.

First Solar, Inc. provides solar energy solutions. It operates in two segments, Components and Systems. The Components segment engages in the design, manufacture, and sale of solar modules that convert sunlight into electricity.

TheStreet Ratings rates First Solar as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full First Solar Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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