Equity Research firms currently have a positive stance on shares of First Solar, Inc. (NASDAQ:FSLR). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $53.69 on a short term basis.
At the time of writing, the stock was trading at $38.15. This represents a change from the opening price of -1.24%. In terms of performance, year to date, the stock is -41.55%. The monthly stock performance comes in at 0.34%. For the quarter, shares are performing at -19.26%. Weekly performance analysis shows the equity at 3.54%.
In taking a look at technical levels, shares are trading -3.58% away from the 50 day simple moving average and -29.64% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -48.65% away from it’s 52- week high and 13.07% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, First Solar, Inc.’s RSI stands at 49.54. In looking at volatility levels, the shares saw weekly volatility of 3.54% and 3.39% over the past month.