Shares of FSLR traded higher by 0.83% or $0.15/share to $18.22. NASDAQ is trading at a price to book ratio of 0.43. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.22 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6476290 shares of FSLR exchange hands on a given day and today's volume is recorded at 2649270. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
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.
