|Bid||29.01 x 800|
|Ask||29.35 x 800|
|Day's range||29.23 - 30.16|
|52-week range||12.00 - 34.87|
|Beta (5Y monthly)||1.67|
|PE ratio (TTM)||6.89|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In the latest trading session, Canadian Solar (CSIQ) closed at $29.28, marking a -0.81% move from the previous day.
Shares of solar module maker Canadian Solar (NASDAQ: CSIQ) were down 9.6% at 10:40 a.m. EDT on Thursday, and the company has only itself to blame. After today's sell-off, the stock has given up every bit of gain it has accrued since GLJ Research initiated coverage of it with a buy rating two weeks ago. Yesterday, after the close of trading, the company announced it will float $200 million worth of convertible senior notes due in 2025 (i.e., debt convertible into common stock).
The Zacks Analyst Blog Highlights: Enphase Energy, JinkoSolar and Canadian Solar