Canadian Solar Inc (NASDAQ: CSIQ) Shares Are Down -40.18% Year To Date.

In the last trading session, 2.64 million Canadian Solar Inc (NASDAQ:CSIQ) shares changed hands as the company’s beta touched 1.29. With the company’s per share price at $15.69 changed hands at -$0.06 or -0.38% during last session, the market valuation stood at $1.01B. CSIQ’s last price was a discount, traded about -188.66% off its 52-week high of $45.29. The share price had its 52-week low at $15.73, which suggests the last value was -0.25% down since then. When we look at Canadian Solar Inc’s average trading volume, we note the 3-month average coming to 1.41 million.

Canadian Solar Inc (NASDAQ:CSIQ) trade information

Instantly CSIQ was in red as seen at the end of in last trading. With action -9.67%, the performance over the past five days has been red. The drop to weekly highs of 18.85 subtracted -0.38% to the stock’s daily price. The company’s shares are showing year-to-date downside of -40.18%, with the 5-day performance at -9.67% in the red. However, in the 30-day time frame, Canadian Solar Inc (NASDAQ:CSIQ) is -19.04% down.

Canadian Solar Inc (CSIQ) estimates and forecasts

Data shows that the Canadian Solar Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -30.76% over the past 6 months, a -33.59% in annual growth rate that is considerably lower than the industry average of 3.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.83%. The 2024 estimates are for Canadian Solar Inc earnings to decrease by -18.36%, but the outlook for the next 5-year period is at 25.00% per year.