Complete Solaria Inc (NASDAQ:CSLR) has a beta value of 0.69 and has seen 1.52 million shares traded in the last trading session. The company, currently valued at $143.85M, closed the last trade at $1.95 per share which meant it gained $0.05 on the day or 2.63% during that session. The CSLR stock price is -72.82% off its 52-week high price of $3.37 and 88.72% above the 52-week low of $0.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.7 million shares traded. The 3-month trading volume is 360.43K shares.
The consensus among analysts is that Complete Solaria Inc (CSLR) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.21.
Complete Solaria Inc (NASDAQ:CSLR) trade information
Sporting 2.63% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CSLR stock price touched $1.95 or saw a rise of 2.5%. Year-to-date, Complete Solaria Inc shares have moved 8.94%, while the 5-day performance has seen it change 33.11%. Over the past 30 days, the shares of Complete Solaria Inc (NASDAQ:CSLR) have changed 22.64%. Short interest in the company has seen 4.37 million shares shorted with days to cover at 11.67.
Complete Solaria Inc (CSLR) estimates and forecasts
The company’s shares have lost -8.45% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 11.32%.
2 analysts offering their estimates for the company have set an average revenue estimate of 76.5M for the current quarter. 1 have an estimated revenue figure of 90M for the next ending quarter. Year-ago sales stood 20.73M and 10.04M respectively for this quarter and the next, and analysts expect sales will grow by 269.05% for the current quarter and 11.32% for the next.
CSLR Dividends
Complete Solaria Inc is expected to release its next earnings report on 2024-Nov-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Complete Solaria Inc (NASDAQ:CSLR)’s Major holders
Insiders own 23.26% of the company shares, while shares held by institutions stand at 15.80% with a share float percentage of 20.59%. Investors are also buoyed by the number of investors in a company, with Complete Solaria Inc having a total of 35.0 institutions that hold shares in the company. The top two institutional holders are CARLYLE GROUP INC. with over 4.94 million shares worth more than $5.48 million. As of 2024-06-30, CARLYLE GROUP INC. held 8.0779% of shares outstanding.
The other major institutional holder is POLAR ASSET MANAGEMENT PARTNERS INC., with the holding of over 4.42 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.83 million and represent 7.2385% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.05% shares in the company for having 1.51 shares of worth $2.94 million while later fund manager owns 354.35 shares of worth $0.69 million as of Dec 31, 2024 , which makes it owner of about 0.48% of company’s outstanding stock.
