Canadian Solar Wins Green Project Bond of the Year Award by Environmental Finance
PRNewswire (Mon, 29-Apr 7:00 AM ET)
Canadian Solar Q1 Earnings Reflect Industry Challenges
TipRanks (Fri, 26-Apr 5:27 PM ET)
Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2023
PRNewswire (Fri, 26-Apr 8:20 AM ET)
Canadian Solar Earns EcoVadis Silver Sustainability Rating
PRNewswire (Wed, 17-Apr 7:00 AM ET)
Canadian Solar Schedules First Quarter 2024 Earnings Conference Call for May 9
PRNewswire (Tue, 16-Apr 7:00 AM ET)
Recurrent Energy Secures 343 Million Brazilian Reais Financing for 152 MW Solar Project in Brazil
PRNewswire (Mon, 15-Apr 7:01 AM ET)
PRNewswire (Wed, 3-Apr 7:00 AM ET)
Canadian Solar Comments on Complaint Filed by Maxeon Solar
PRNewswire (Thu, 28-Mar 7:00 AM ET)
PRNewswire (Wed, 20-Mar 7:00 AM ET)
Canadian Solar Reports Fourth Quarter and Full Year 2023 Results
PRNewswire (Thu, 14-Mar 6:00 AM ET)
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.
Canadian Solar - Common Shares trades on the NASDAQ stock market under the symbol CSIQ.
As of April 30, 2024, CSIQ stock price declined to $16.24 with 1,014,653 million shares trading.
CSIQ has a beta of 2.18, meaning it tends to be more sensitive to market movements. CSIQ has a correlation of 0.26 to the broad based SPY ETF.
CSIQ has a market cap of $1.05 billion. This is considered a Small Cap stock.
Last quarter Canadian Solar - Common Shares reported $2 billion in Revenue and -$.02 earnings per share. This beat revenue expectation by $12 million and missed earnings estimates by -$.02.
In the last 3 years, CSIQ stock traded as high as $48.35 and as low as $14.11.
The top ETF exchange traded funds that CSIQ belongs to (by Net Assets): TAN, VXUS, VWO, ICLN, PBW.
CSIQ has underperformed the market in the last year with a return of -56.6%, while the SPY ETF gained +23.2%. In the last 3 month period, CSIQ fell short of the market, returning -28.9%, while SPY returned +3.2%. However, in the most recent 2 weeks CSIQ has outperformed the stock market by returning +3.5%, while SPY returned +0.2%.
CSIQ support price is $15.78 and resistance is $17.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSIQ stock will trade within this expected range on the day.