Shares of Canadian Solar (CSIQ) Sees Large Inflow of Net Money Flow

Canadian Solar (CSIQ): $0.35 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 4.19. The value of trades done on upticks was $0.47 million, whereas, trades done on downticks were valued at $0.11 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.28 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.28 million. Canadian Solar (CSIQ) fell $0.03 traded at $12.94, a change of -0.23% over the previous day. The stock is -1.45% for the week.


Institutional Investors own 35.64% of Canadian Solar shares.

Canadian Solar (NASDAQ:CSIQ): The stock opened at $12.82 and touched an intraday high of $13.22 on Friday. During the day, the stock corrected to an intraday low of $12.82, however, the bulls stepped in and pushed the price higher to close in the green at $13.14 with a gain of 1.31% for the day. The total traded volume for the day was 1,763,475. The stock had closed at $12.97 in the previous trading session.

Canadian Solar (CSIQ) : During the past 4 weeks, traders have been relatively bearish on Canadian Solar (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 -0.43% relative to the S&P 500. The stock has risen by 0.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.81% in the past 4 weeks.

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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