• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 423364 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414168828 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414168828 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Stock to Watch: Canadian Solar Down 6.4% (CSIQ)

Published on Wed, 01/16/2013 - 13:22
By Peter Chu

Canadian Solar (NASDAQ:CSIQ) is one of today's worst performing low-priced stocks, down 6.4% to $4.12 on 1.5x average daily volume. Thus far today, Canadian Solar has traded 915,000 shares, vs. average volume of 627,000 shares per day. The stock has underperformed the Dow (-6.4% to the Dow's -0.2%) and underperformed the S&P 500 (-6.4% to the S&P's -0.1%) during today's trading.

In the past 52 weeks, Canadian Solar share prices have been bracketed by a low of $1.95 and a high of $4.74 and are now at $4.12, 111% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 3.8%.

Based on a current price of $4.12, Canadian Solar is currently 10.8% above its average consensus analyst price target of $3.67. The stock should discover initial support at its 200-day moving average (MA) of $3.08 and subsequent support at its 50-day MA of $3.01.

Canadian Solar Inc. designs, manufactures, and sells solar module products that convert sunlight into electricity for a variety of uses. The Company's products include a range of standard solar modules for use in a wide range of residential, commercial, and industrial solar power generation systems.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Stock Investors Sell Off Shares of Tenne...

One of today's stocks on the move is Tenneco (NYSE:TEN), down 1.3% to $53.00. The S&P ...

Stock Investors Sell Off Shares of Conso...

Consolidated Water (NASDAQ:CWCO) is one of today's biggest movers, down 1.3% to $11.82. ...

Shares of MasTec Under Pressure, Down 1....

One of today's notable stocks in decline is MasTec (NYSE:MTZ), down 1.3% to $26.44. Th ...

Taser International Shares Climbing High...

Taser International (NASDAQ:TASR) is one of today's biggest movers, up 1.3% to $15.46. ...

Shares of Bridgepoint Education Under Pr...

Bridgepoint Education (NYSE:BPI) is one of today's biggest movers, down 1.3% to $11.75. ...

Stock Investors Sell Off Shares of BT Gr...

BT Group (NYSE:BT) is one of today's biggest movers, down 1.3% to $59.44. The S&P is t ...

Stock Investors Sell Off Shares of NVR I...

NVR Inc (NYSE:NVR) is one of today's biggest movers, down 1.4% to $1195.00. The S&P is ...

Shares of Banco Santander Receive a Boos...

Banco Santander (NYSE:SAN), a company whose shares are moving quickly, is trading 1.4% ...