Canadian Solar (NASDAQ:CSIQ) has been downgraded from Buy to Neutral in a statement by Roth Capital earlier today.
- Updated: November 27, 2016
Having a price of $10.68, Canadian Solar (NASDAQ:CSIQ) traded 6.93% higher on the day. With the last close down -20.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. CSIQ has recorded a 50-day average of $13.51 and a two hundred day average of $14.56. Trade Volume was up over the average, with 1,840,698 shares of CSIQ changing hands over the typical 1,826,020
Roth Capital has downgraded Canadian Solar (NASDAQ:CSIQ) from Buy to Neutral in a statement released on 11/22/2016.
Recent Performance Chart
Canadian Solar has PE ratio of 4.83 with a one year low of $10.25 and a one year high of $29.83 and has a market capitalization of $0.
A total of 10 analysts have released a report on Canadian Solar. Four analysts rating the company a strong buy, six analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $31.63.
General Company Details For Canadian Solar (NASDAQ:CSIQ)
Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment. It designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services. Its electricity generation segment consists of holding solar power projects for the purpose of generating income from the sale of electricity to the local or national grid or other power purchasers.
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