Canadian Solar Inc (NASDAQ: CSIQ) stock closed at $23.08 on 8/15/19 after a major increase of 12.0%. Moreover, exceptionally high trading volume at 637% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CSIQ is expected to be a Value Builder.
Canadian Solar has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Canadian Solar has a very high Appreciation Score of 88 and a very high Power Rating of 88, leading to the Highest Value Trend Rating.
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.