Company Shares of Canadian Solar (NASDAQ:CSIQ) Drops by -1.51%

Canadian Solar (NASDAQ:CSIQ) : During the past 4 weeks, traders have been relatively bearish on Canadian Solar (NASDAQ:CSIQ), hence the stock is down -9.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.75% relative to the S&P 500. The 4-week change in the price of the stock is -8.24% and the stock has fallen -1.51% in the past 1 week.

The company shares have dropped -43.15% from its 1 Year high price. On Dec 24, 2015, the shares registered one year high at $29.83 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $16.64 and the 200 Day Moving Average price is recorded at $19.24.

The stock has recorded a 20-day Moving Average of 3.12% and the 50-Day Moving Average is 10.6%.


Canadian Solar (NASDAQ:CSIQ): stock turned positive on Friday. Though the stock opened at $15.01, the bulls momentum made the stock top out at $15.19 level for the day. The stock recorded a low of $14.85 and closed the trading day at $15.03, in the green by 1.28%. The total traded volume for the day was 1,676,237. The stock had closed at $14.84 in the previous days trading.

Canadian Solar Inc. is a solar power company, which designs, develops and manufactures solar wafers, solar cells and solar power products. The Companys solar power products include standard solar modules and specialty solar products. It has two segments: module segment and energy segment. The Companys module segment primarily involves design, development, manufacture and sales of solar power products and solar system kits. The Companys energy segment involves solar power project development, engineering, procurement and construction services, operations and maintenance services, and electricity revenue generation. Its products include a range of solar modules for use in residential, commercial and industrial solar power generation systems. Its specialty solar products consist of solar modules that the customers incorporate into their own products and complete specialty products, such as portable solar home systems. The Company sells its products under Canadian Solar brand name.

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