Complete Solaria Inc. (NASDAQ: CSLR) Stock: Does It Have The Potential To Rise?

In today’s recent session, 0.68 million shares of the Complete Solaria Inc. (NASDAQ:CSLR) have been traded, and its beta is 0.77. Most recently the company’s share price was $1.38, and it changed around $0.18 or 15.42% from the last close, which brings the market valuation of the company to $70.47M. CSLR at last check was trading at a discount to its 52-week high of $3.24, offering almost -134.78% off that amount. The share price’s 52-week low was $0.20, which indicates that the recent value has risen by an impressive 85.51% since then. We note from Complete Solaria Inc.’s average daily trading volume that its 10-day average is 0.18 million shares, with the 3-month average coming to 2.64 million.

Complete Solaria Inc. (NASDAQ:CSLR) trade information

Instantly CSLR has been showing a green trend so far today with a performance of 15.42% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4100 on recent trading dayincreased the stock’s daily price by 2.13%. The company’s shares are currently down -13.71% year-to-date, but still up 7.36% over the last five days. On the other hand, Complete Solaria Inc. (NASDAQ:CSLR) is -6.42% down in the 30-day period. We can see from the shorts that 1.14 million shares have been sold at a short interest cover period of 0.15 day(s).

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Complete Solaria Inc. (CSLR) estimates and forecasts

Complete Solaria Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 9.92 percent over the past six months and at a 91.77% annual growth rate that is well above the industry average of -4.70%.

CSLR Dividends

Complete Solaria Inc.’s next quarterly earnings report is expected to be released on 2024-May-15.

Complete Solaria Inc. (NASDAQ:CSLR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 46.96% of Complete Solaria Inc. shares, and 35.26% of them are in the hands of institutional investors. The stock currently has a share float of 66.48%.