Complete Solaria Inc (NASDAQ: CSLR) is 8.94% higher on its value in year-to-date trading and has touched a low of $0.22 and a high of $3.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CSLR stock was last observed hovering at around $1.90 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $1.95, the stock is 22.72% and 25.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 2.63% at the moment leaves the stock 7.33% off its SMA200. CSLR registered 635.85% gain for a year compared to 6-month loss of -8.45%. The firm has a 50-day simple moving average (SMA 50) of $1.5561 and a 200-day simple moving average (SMA200) of $1.816875.
The stock witnessed a 22.64% gain in the last 1 month and extending the period to 3 months gives it a 18.18%, and is 33.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.46% over the week and 11.05% over the month.
Profit margin for the company is -316.40%. Distance from 52-week low is 785.16% and -42.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-233.21%).
with sales reaching $76.5M over the same period.The EPS is expected to grow by 33.33% this year, but quarterly earnings will post 11.32% year-over-year. Quarterly sales are estimated to grow 269.05% in year-over-year returns.
Complete Solaria Inc (CSLR) Top Institutional Holders
35.0 institutions hold shares in Complete Solaria Inc (CSLR), with institutional investors hold 20.59% of the company’s shares. The shares outstanding are 72.98M, and float is at 48.67M with Short Float at 8.97%. Institutions hold 15.80% of the Float.
The top institutional shareholder in the company is CARLYLE GROUP INC. with over 4.94 million shares valued at $5.48 million. The investor’s holdings represent 8.0779% of the CSLR Shares outstanding. As of 2024-06-30, the second largest holder is POLAR ASSET MANAGEMENT PARTNERS INC. with 4.42 million shares valued at $3.83 million to account for 7.2385 of the shares outstanding. The other top investors are METEORA CAPITAL, LLC which holds 3.01 million shares representing 4.9304% and valued at over $3.37 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.5715 of the shares totaling 0.35 million with a market value of $0.39 million.
Complete Solaria Inc (CSLR) Insider Activity
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Complete Solaria Inc disclosed in a document filed with the SEC on Oct 01 ’24 that Gishen Adam (Director) sold a total of 70,000 shares of the company’s common stock. The trade occurred on Oct 01 ’24 and was made at $2.64 per share for $0.18 million. Following the transaction, the insider now directly holds 0.27 million shares of the CSLR stock.
Still, SEC filings show that on Dec 17 ’24, Gishen Adam (Director) disposed off 100,000 shares at an average price of $1.60 for $0.16 million. The insider now directly holds 167,742 shares of Complete Solaria Inc (CSLR).
