Canadian Solar Stock Falls On Unusually High Volume (CSIQ)

NEW YORK ( TheStreet) -- Canadian Solar (Nasdaq: CSIQ) is trading at unusually high volume Tuesday with 5.1 million shares changing hands. It is currently at two times its average daily volume and trading down 60 cents (-4.9%) at $11.71 as of 11:50 a.m. ET.

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Canadian Solar has a market cap of $529 million and is part of the technology sector and electronics industry. Shares are up 262.1% year to date as of the close of trading on Monday.

Canadian Solar Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar power products worldwide. The company offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses.

TheStreet Ratings rates Canadian Solar as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and poor profit margins. You can view the full Canadian Solar Ratings Report.

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