FMP
Jan 21, 2025(Last modified: Jan 22, 2025)
On January 21, 2025, BMO Capital updated its rating for First Solar (NASDAQ:FSLR) to "Outperform," with the stock priced at $182.10. First Solar is a leading American company in photovoltaic solar technology and manufacturing. It stands out as the only U.S.-headquartered manufacturer among the world's largest solar panel producers, playing a crucial role in the solar industry.
First Solar has taken a significant step to support the securement of critical materials supply chains. The company established the Endowed Professorship in Critical Energy Materials at Missouri University of Science and Technology. This initiative highlights First Solar's commitment to advancing research and development in critical energy materials, essential for solar panel production.
Despite the positive rating from BMO Capital, First Solar's stock price has decreased by 5.94%, or $11.47, to $181.42. The stock has traded between $180.59 and $192.15 today. Over the past year, it reached a high of $306.77 and a low of $135.88, indicating significant volatility in its market performance.
First Solar's market capitalization is approximately $19.42 billion, reflecting its substantial presence in the solar industry. The trading volume for the day is 1,414,340 shares on the NASDAQ exchange, showing active investor interest. This trading activity suggests that investors are closely monitoring the company's developments and market performance.
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