Shares of Canadian Solar Inc. (NASDAQ:CSIQ) traded at a new 52-week high today of $67.34. So far today approximately 176.7 million shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments MSS segment and Energy segment. The MSS segment involves the design, development, manufacturing, and sale of solar power products, including standard solar modules and specialty solar products. Its Energy segment consists of solar power project development and sale and EPC and development services. Most of the revenue is earned from the MSS segment. Geographically, it derives the majority of revenue from the United States.
Based on a current price of $34.32, Canadian Solar Inc. is currently 2.0% above its average consensus analyst price target of $33.64.
In the past 52 weeks, Canadian Solar Inc. share prices are bracketed by a current low of $10.26 and a high of $48.35 and is now at $34.32.
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