Shares of First Solar (FSLR) Sees Large Inflow of Net Money Flow

First Solar (FSLR): $0.79 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.17. The value of trades done on upticks was $5.53 million, whereas, trades done on downticks were valued at $4.74 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 $1.57 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.47 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 3.31 was strongly in favor of the bulls. The money flow in block trades was $1.09 million. First Solar (FSLR) fell $0.28 traded at $47.45, a change of -0.59% over the previous day. The stock is 4.06% for the week.


First Solar, Inc. has dropped 20.56% during the last 3-month period . Year-to-Date the stock performance stands at -27.34%. Shares of First Solar, Inc. appreciated by 3.14% during the last five trading days but lost 0.91% on a 4-week basis. In a related news,The director officer (Chief Executive Officer) of First Solar, Inc., Hughes James Alton sold 12,884 shares at $55.53 on May 2, 2016. The Insider selling transaction had a total value worth of $715,449. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

First Solar (NASDAQ:FSLR): stock turned positive on Monday. Though the stock opened at $47.92, the bulls momentum made the stock top out at $48.07 level for the day. The stock recorded a low of $47.353 and closed the trading day at $47.95, in the green by 0.46%. The total traded volume for the day was 2,273,083. The stock had closed at $47.73 in the previous days trading.

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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