Shares of FSLR traded higher by 11.27% or $2.41/share to $23.79. First Solar, Inc. is trading at a price to book ratio of 0.51. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.67. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5803790 shares of FSLR exchange hands on a given day and today's volume is recorded at 2503400. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
First Solar, Inc. manufactures and sells solar modules with an advanced thin-film semiconductor technology, and it designs, constructs, and sells photovoltaic (PV) solar power systems.
