First Solar (FSLR) Shares Slide -2.99%

First Solar (FSLR) : During the past 4 weeks, traders have been relatively bearish on First Solar (FSLR), hence the stock is down -6.86% 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 -2.93% relative to the S&P 500. The 4-week change in the price of the stock is -3.73% and the stock has fallen -2.99% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 3.37%. First Solar, Inc. has dropped 16.4% during the last 3-month period . Year-to-Date the stock performance stands at -29.26%.


First Solar (NASDAQ:FSLR): On Fridays trading session , Opening price of the stock was $47.25 with an intraday high of $47.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.52. However, the stock managed to close at $46.68, a loss of 0.95% for the day. On the previous day, the stock had closed at $47.13. The total traded volume of the day was 1,684,602 shares.

First Solar, Inc. is a global provider of solar energy solutions. The Company designs, manufactures and sells photovoltaic (PV) solar modules, and also develops, designs, constructs and sells PV solar power solutions. The Company operates through two segments: components and systems. The Companys components segment involves the design, manufacture and sale of solar modules, which convert sunlight into electricity. The systems segment provides turn-key PV solar power systems or solar solutions for systems primarily using its solar modules. The Company also manufactures crystalline silicon solar modules and single-axis mounting systems with tracking capabilities. The Company offers its products and services for residential, commercial and industrial applications, including solar power system project developers, system integrators and solar plant operators, throughout the Americas, Asia, Australia, the Middle East and Africa.

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