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Canadian Solar Inc is currently in a long term downtrend where the price is trading 7.6% below its 200 day moving average.
From a valuation standpoint, the stock is 93.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.9.
Canadian Solar Inc's total revenue rose by 13.2% to $1B since the same quarter in the previous year.
Its net income has dropped by 90.2% to $7M since the same quarter in the previous year.
Based on the above factors, Canadian Solar Inc gets an overall score of 2/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | CA1366351098 |
Sector | Technology |
Industry | Solar |
Market Cap | 433M |
---|---|
PE Ratio | 13.43 |
Target Price | 46.38 |
Beta | 1.34 |
Dividend Yield | None |
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery storage projects; and operation of solar power plants; and sale of electricity. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 1,005 MWp and 600 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies, as well as utility companies or grid operators, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial or government end users. It sells its products primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph, Canada.
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