A Look Into First Solar Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
First Solar Inc. (NASDAQ:FSLR) shares rose by 2.03% to $200.01, despite a 21.74% drop over the past month. The stock's P/E ratio of 17.5 is lower than the industry average of 75.38, suggesting potential undervaluation or weak growth prospects. Investors should consider multiple metrics for a comprehensive analysis.
October 25, 2024 | 3:48 pm
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First Solar's stock price increased by 2.03% to $200.01. Despite a recent monthly decline, its P/E ratio of 17.5 is significantly lower than the industry average, indicating potential undervaluation or weak growth prospects.
The article highlights First Solar's recent stock price movement and its P/E ratio compared to industry peers. The lower P/E ratio could suggest undervaluation or weak growth, but the article advises considering multiple metrics for a comprehensive analysis.
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