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Canadian Solar Inc

Canadian Solar Inc (CSIQ)

11.50
0.74
(6.88%)
Closed December 22 4:00PM
11.56
0.06
(0.52%)
After Hours: 7:59PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
11.50
Bid
11.42
Ask
13.69
Volume
2,313,917
10.5955 Day's Range 11.65
10.74 52 Week Range 26.85
Market Cap
Previous Close
10.76
Open
10.69
Last Trade
70
@
11.5
Last Trade Time
Financial Volume
$ 26,032,402
VWAP
11.2504
Average Volume (3m)
2,365,331
Shares Outstanding
66,158,741
Dividend Yield
-
PE Ratio
2.78
Earnings Per Share (EPS)
4.14
Revenue
7.7B
Net Profit
274.19M

About Canadian Solar Inc

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 busi... 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 CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets. Show more

Sector
Semiconductor,related Device
Industry
Semiconductor,related Device
Headquarters
Guelph, Ontario, Can
Founded
-
Canadian Solar Inc is listed in the Semiconductor,related Device sector of the NASDAQ with ticker CSIQ. The last closing price for Canadian Solar was $10.76. Over the last year, Canadian Solar shares have traded in a share price range of $ 10.74 to $ 26.85.

Canadian Solar currently has 66,158,741 shares outstanding. The market capitalization of Canadian Solar is $711.87 million. Canadian Solar has a price to earnings ratio (PE ratio) of 2.78.

Canadian Solar (CSIQ) Options Flow Summary

Overall Flow

Bearish

Net Premium

-163k

Calls / Puts

100.00%

Buys / Sells

33.33%

OTM / ITM

0.00%

Sweeps Ratio

0.00%

CSIQ Latest News

Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas

Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas PR Newswire KITCHENER, ON, Dec. 12, 2024 KITCHENER, ON...

Recurrent Energy Signs 300 MW Power Purchase Agreement with Major U.S. Tech Company in Spain

Recurrent Energy Signs 300 MW Power Purchase Agreement with Major U.S. Tech Company in Spain PR Newswire KITCHENER, ON, Dec. 10, 2024 KITCHENER, ON, Dec. 10, 2024 /PRNewswire/ -- Recurrent...

Canadian Solar Reports Third Quarter 2024 Results

Canadian Solar Reports Third Quarter 2024 Results PR Newswire KITCHENER, ON, Dec. 5, 2024 KITCHENER, ON, Dec. 5, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company...

Canadian Solar Schedules Third Quarter 2024 Earnings Conference Call for December 5

Canadian Solar Schedules Third Quarter 2024 Earnings Conference Call for December 5 PR Newswire GUELPH, ON, Nov. 7, 2024 GUELPH, ON, Nov. 7, 2024 /PRNewswire/ -- Canadian Solar Inc. ("the...

Recurrent Energy to deliver 1,800 MWh of energy storage and 150 MWac of solar capacity to Arizona Public Service by 2026

Recurrent Energy to deliver 1,800 MWh of energy storage and 150 MWac of solar capacity to Arizona Public Service by 2026 PR Newswire GUELPH, ON and PHOENIX, Oct. 31, 2024 Recurrent Energy's...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-1.36-10.575427682712.8613.210.74220048211.58468309CS
40.332.9543419874711.1713.6110.74204898812.15568671CS
12-3.75-24.590163934415.2519.54910.74236533113.33317668CS
26-4.52-28.214731585516.0219.54910.74191438013.82254773CS
52-13.8-54.545454545525.326.8510.74172234016.0581974CS
156-19.13-62.455109369930.6347.6910.74131471325.89245938CS
260-9.15-44.309927360820.6567.3910.74139911030.91434415CS

CSIQ - Frequently Asked Questions (FAQ)

What is the current Canadian Solar share price?
The current share price of Canadian Solar is $ 11.50
How many Canadian Solar shares are in issue?
Canadian Solar has 66,158,741 shares in issue
What is the market cap of Canadian Solar?
The market capitalisation of Canadian Solar is USD 711.87M
What is the 1 year trading range for Canadian Solar share price?
Canadian Solar has traded in the range of $ 10.74 to $ 26.85 during the past year
What is the PE ratio of Canadian Solar?
The price to earnings ratio of Canadian Solar is 2.78
What is the cash to sales ratio of Canadian Solar?
The cash to sales ratio of Canadian Solar is 0.1
What is the reporting currency for Canadian Solar?
Canadian Solar reports financial results in USD
What is the latest annual turnover for Canadian Solar?
The latest annual turnover of Canadian Solar is USD 7.7B
What is the latest annual profit for Canadian Solar?
The latest annual profit of Canadian Solar is USD 274.19M
What is the registered address of Canadian Solar?
The registered address for Canadian Solar is 545 SPEEDVALE AVENUE WEST, GUELPH, ONTARIO, N1K 1E6
What is the Canadian Solar website address?
The website address for Canadian Solar is www.canadiansolar.com
Which industry sector does Canadian Solar operate in?
Canadian Solar operates in the SEMICONDUCTOR,RELATED DEVICE sector

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CSIQ Discussion

View Posts
Monksdream Monksdream 3 months ago
CSIQ new 52 week low
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Monksdream Monksdream 4 months ago
CSIQ. New 52 week low
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Monksdream Monksdream 8 months ago
CSIQ new 52 low
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Monksdream Monksdream 8 months ago
CSIQ new 52 lo
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Monksdream Monksdream 1 year ago
CSIQ new 52 week low
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Kswies Kswies 2 years ago
Been to quiet to long here. Hello fellow CSIQ investors! Ready to watch this run! $CSIQ long and strong!
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Spicknspan Spicknspan 3 years ago
Interesting article on solar energy, Spot on.
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BottomBounce BottomBounce 3 years ago
The Dark Side of Solar Power https://hbr.org/2021/06/the-dark-side-of-solar-power $CSIQ
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BottomBounce BottomBounce 3 years ago
Solar panels in Sahara could boost renewable energy but damage the global climate – here’s why
https://theconversation.com/solar-panels-in-sahara-could-boost-renewable-energy-but-damage-the-global-climate-heres-why-153992 $CSIQ
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Spicknspan Spicknspan 4 years ago
CSIQ is hitting on a lot of radar screens.
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jorpu jorpu 4 years ago
I'm on this one from $35 and also entered on Renesola (SOL) al $25
Risky chinese but they both seem to recieve all the interest from investors
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Tonyboons33 Tonyboons33 4 years ago
Surprised no activity here given the runup. Looking to enter a position here, difficult given the share price $50+ but feel like I'll be kicking myself this time next year if I don't. Curious what the pulse is here on the boards and any other solar positions you guys like?
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whytestocks whytestocks 4 years ago
BREAKING NEWS: $CSIQ Why Canadian Solar Stock Just Popped 10.5%

For the longest time, analysts at GLJ Research, a group with a confirmed bent toward solar energy research, has been skeptical of valuations among the major solar energy stocks . That is, until today. Today, GLJ finally found a solar stock it likes, and shares of Canadian Solar (NASDAQ: CSIQ...

Got this from CSIQ - Why Canadian Solar Stock Just Popped 10.5%
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JLS JLS 5 years ago
I'm back.

Doing that boring stuff again: writing CCs on CSIQ.

Two accounts:
Bought shares for $18.49.
Wrote Friday's $19.00 CCs for $0.40.
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haha11 haha11 5 years ago
CSIQ 15..+ D ..

today TRND HH now
CSIQ 15 5D.live
http://schrts.co/SMNbAExq

CSIQ INtraday delay.


CSIQ D. 1MON..


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haha11 haha11 5 years ago
CSIQ ..INtraday , 6m , 1y..FALLOW DAILY TREND HH

CSIQ int delay.pre/after

CSIQ 1mon

CSIQ 6MN.

CSIQ 6MN.

CSIQ ONE YEAR.



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JLS JLS 5 years ago
Climbing the Wall of Worry:

Based on Opening prices. Usually slightly lower on Closing prices for this particular symbol. That makes sense from a psychological point of view.

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JLS JLS 5 years ago
Canadian Solar Sup/Res chart:

CSIQ is currently sitting on top of a resistance level of $19 which has its roots before the time interval of the chart.

It shouldn't be overlooked that today's candle is a full gap above Friday's trade.

On more thing: CSIQ just made a new daily high while the total market is down.

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JLS JLS 5 years ago
CSIQ Monday

All major markets down ... CSIQ up again!

What's not to like???

All those days of October when CSIQ traded flat was no problem to pass through in only two days.

Next test: SMA(100) then SMA(200).

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JLS JLS 5 years ago
Amazing!

Stock is doing so well but the message board is so dead.

I like to do Buy/Writes and did that using CSIQ over the last couple weeks.

Reentered stock today and will sell CCs when it seems the stock is slowing down (not likely today). CSIQ is having no trouble passing up and through key moving averages and is now heading toward SMA(100) after easily claiming SMA(50) last Wednesday and SMA(20) four trading days before that and SMA(8) two days before that.

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JLS JLS 5 years ago
Took profits on CSIQ trade.

Why?

Thinking CSIQ retraces a little as it did last January then continues higher (if the overall market conditions allow that). Check the yellow circle at the beginning of 2019 on the CSIQ chart. That shows what I think CSIQ is capable of provided the overall market agrees.

As it relates to the rest of the market, the CSIQ chart doesn't show that virtually the whole market ( $SPX and friends) is looking pretty weak -- as $SPX is in the process of forming an H&S top. For that reason I've also included an $SPX chart.





Putting all that together, the looming blue-line resistance shown in the CSIQ chart (and possible profit-taking and therefore small pullback) along with the possible H&S pattern in the $SPX chart encouraged me to take profits today and possibly re-enter the CSIQ trade early next week.
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JLS JLS 5 years ago
CSIQ Trading Range:

Didn't hesitate crossing over and closing above SMA(50) today. Also, closed higher yesterday while total market took a dive.

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whytestocks whytestocks 5 years ago
News: $CSIQ Canadian Solar Reports Second Quarter 2019 Results

GUELPH, Ontario , Aug. 15, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced financial results for the second quarter ended June 30, 2019 . Second Quarter 2019 Highlights...

Read the whole news Canadian Solar Reports Second Quarter 2019 Results
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whytestocks whytestocks 6 years ago
News: $CSIQ Canadian Solar Reports First Quarter 2019 Results

GUELPH, Ontario , May 30, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced its financial results for the first quarter of 2019 ended March 31, 2019 . First Quarter 2019 Hig...

In case you are interested https://marketwirenews.com/news-releases/canadian-solar-reports-first-quarter-2019-results-8267970.html
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whytestocks whytestocks 6 years ago
News: $CSIQ Canadian Solar Announces Appointment of Yan Zhuang as Acting Chief Executive Officer while Dr. Shawn Qu is on a Medical Leave of Absence

GUELPH, Ontario , May 30, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that the Board of Directors of the Company ("Board") has appointed Yan Zhuang , the Company's Senior Vi...

Find out more https://marketwirenews.com/news-releases/canadian-solar-announces-appointment-of-yan-zhuang-as-acting-chief-executive-officer-while-dr-shawn-qu-is-on-a-medical-leave-of-absence-8267856.html
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stocktrademan stocktrademan 6 years ago
CSIQ buy 18.55



https://www.canadiansolar.com/



normal chart







log chart






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5Leaf 5Leaf 6 years ago
There is no justification for the precipitous price drop today.
This company is doing well financially and analysts had given more "buy" than "sell" ratings. The huge drop is simply a knee-jerk overreaction to a statement that has been taken out of context. Wall Street billionaires are notorious for purposely manipulating stock prices to further enrich the greedy billionaire class.
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Aliquot Aliquot 6 years ago
Bidding 12.60
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millionaireonpaper millionaireonpaper 6 years ago
Very positive move today!
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T695 T695 6 years ago
Holding up nicely
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oxnous oxnous 6 years ago
The mini-trade war with Canada cannot be helpful to CSIQ, imo.

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T695 T695 7 years ago
Watching
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millionaireonpaper millionaireonpaper 7 years ago
The shorts have this by the short and curly’s...unfortunately I’m on the wrong side of the trade. I still believe this is oversold and I’m adding to my relatively healthy position.
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oxnous oxnous 7 years ago
Give CSIQ a few days before another reload
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millionaireonpaper millionaireonpaper 7 years ago
Completely oversold here! Look for an immediate 4-6% bounce in the next trading session.
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oxnous oxnous 7 years ago
Considering getting in CSIQ now. Anyone know what the outstanding share count is?
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eFinanceMarkets eFinanceMarkets 7 years ago
$CSIQ Canadian Solar (NASDAQ:CSIQ) -2.6% premarket after lowering Q4 revenue guidance to $1.04B-$1.08B from $1.77B-$1.81B previously and below the $1.76B analyst consensus estimate, in part to reflect the timing of certain utility-scale solar project sales.

CSIQ also cuts its full-year revenue guidance to $3.33B-$3.37B from $4.05B-$4.09B previously.

At the same time, CSIQ slightly raises FY 2017 guidance for total solar module shipments to 6.8-6.9 GW from its earlier outlook for 6.7-6.8 GW; for Q4, CSIQ now sees solar module shipments of 1,720-1,820 MW vs. previous guidance of 1,650-1,750 MW.

Now read: Canadian Solar - Take Advantage Of Strong Solar Markets »
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benfrankledger benfrankledger 7 years ago
Canadian Solar (NASDAQ:CSIQ) CEO Shawn Qu is offering shareholders a 7% premium to take private the renewable power company he founded, but shares closed today only 3% higher, as the prospects for a prompt closing seem remote.
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JustJack JustJack 7 years ago
Canadian Solar Inc. Announces Receipt of a Preliminary, Non-Binding "Going Private" Proposal Letter from its Chairman, President and Chief Executive Officer and Formation of an Independent Special Committee

GUELPH, Ontario, Dec. 11, 2017 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its Board of Directors (the "Board") has received a preliminary, non-binding proposal letter (the "Proposal Letter"), dated December 9, 2017, from its Chairman, President and Chief Executive Officer, Dr. Shawn (Xiaohua) Qu ("Dr. Qu"), to acquire all of the outstanding common shares of the Company not already beneficially owned by Dr. Qu and his wife, Ms. Hanbing Zhang, (the "Chairman Parties") in a "going-private" transaction (the "Proposed Transaction") for cash consideration of US$18.47 per common share.

A copy of the Proposal Letter is attached as Annex A to this press release.

The Board has formed a special committee (the "Special Committee") of independent and disinterested directors to consider the Proposed Transaction. The Company expects that the Special Committee will retain independent advisors, including independent legal and financial advisors, to assist it in this process.

The Board cautions the Company's shareholders and others considering trading in the Company's securities that the Board has just received the Proposal Letter and has not had an opportunity to carefully review and evaluate the Proposed Transaction or make any decision with respect to the Company's response to the Proposal Letter. The Board also cautions that there can be no assurance that any definitive offer relating to the Proposed Transaction or any other transaction will be made by Dr. Qu or any other person, that any definitive agreement with respect to the Proposed Transaction or any other transaction will be executed or that the Proposed Transaction or any other transaction will be approved or consummated.

The Company does not undertake any obligation to provide any updates with respect to the Proposed Transaction or any other transaction except as required by applicable law.
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JustJack JustJack 7 years ago
EXECUTION COPY
December 9, 2017

The Board of Directors
Canadian Solar Inc. (the "Company")
545 Speedvale Avenue West
Guelph, Ontario
Canada N1K 1E6
Tel: (1-519) 837-1881
Fax: (1-519) 837-2550

Dear Sirs:

I, Shawn (Xiaohua) Qu ("Dr. Qu"), Chairman, President and Chief Executive Officer of the Company, am pleased to submit this preliminary non-binding proposal to the board of the directors of the Company (the "Board") to acquire all of the outstanding common shares ("Common Shares") of the Company not already owned by me and my wife, Ms. Hanbing Zhang (together with Dr. Qu, the "Chairman Parties"), in a going-private transaction (the "Transaction"). The Chairman Parties currently beneficially own approximately 23.5% of the issued and outstanding Common Shares of the Company on a fully diluted and as-converted basis.

I believe that my proposal of US$18.47 in cash per Common Share will provide a very attractive opportunity to the Company's shareholders. This price represents a premium of approximately 7.1% to the Company's closing price on December 8, 2017, and a premium of approximately 10% to the average closing price during the last 90 trading days.

The terms and conditions upon which I am prepared to pursue the Transaction are set forth below. I am confident in my ability to consummate a Transaction as outlined in this letter.

1. Buyer. I intend to form an acquisition vehicle for the purpose of pursuing the Transaction. I am interested only in pursuing this Transaction and am not interested in selling the Common Shares owned by the Chairman Parties in connection with any other transaction.

2. Purchase Price. My proposed consideration payable for the Company's Common Shares acquired in the Transaction will be US$18.47 in cash per share.

3. Financing. I intend to finance the Transaction with a combination of debt and equity capital. Equity financing is expected to be provided in the form of rollover equity in the Company from the Chairman Parties and cash contributions from the Chairman Parties and, potentially, third party sponsors. Debt financing is expected to be provided by loans from third party financial institutions. I am confident that I can timely secure adequate financing to consummate the Transaction.

4. Due Diligence. Given my role with the Company and existing ownership interest, my own diligence needs will be quite limited. Parties providing financing will require a timely opportunity to conduct customary due diligence on the Company. I would like to ask the Board to accommodate such due diligence request and approve the provision of confidential information relating to the Company and its business to possible sources of equity and debt financing subject to confidentiality agreements with customary terms.

5. Definitive Agreements. I am prepared to negotiate and finalize definitive agreements (the "Definitive Agreements") expeditiously. This proposal is subject to execution of the Definitive Agreements. These documents will include provisions typical for transactions of this type.

6. Confidentiality. I will, as required by law, promptly file an amendment to my Schedule 13D to disclose this letter. I am sure you will agree with me that it is in all of our interests to ensure that we proceed our discussions relating to the Transaction in a confidential manner, unless otherwise required by law, until we have executed the Definitive Agreements or terminated our discussions.

7. Process. I believe that the Transaction will provide superior value to the Company's shareholders as compared to remaining a publicly traded company. I recognize of course that the Board will evaluate the proposed Transaction independently before it can make its determination whether to endorse it. It is my expectation that the Board will appoint a special committee of independent directors to consider this proposal and make a recommendation to the Board based on its independent evaluation of my proposal.

8. No Binding Commitment. This letter constitutes only a preliminary indication of my interest, and does not constitute any binding commitment with respect to the Transaction. Such a commitment will result only from the execution of Definitive Agreements, and then will be on the terms provided in such documentation.

In closing, I would like to express my commitment to working together with you to bring this Transaction to a successful and timely conclusion. I have engaged Skadden, Arps, Slate, Meagher & Flom LLP as my U.S. legal advisor and Stikeman Elliott LLP as my Canadian legal advisor. Both are ready to help bring this Transaction forward in a timely manner. Should you have any questions regarding this proposal, please do not hesitate to contact me. I look forward to speaking with you.

[Signature Page to Follow]

Sincerely,

Shawn (Xiaohua) Qu

/s/ Shawn (Xiaohua) Qu
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squashjohn squashjohn 7 years ago
Shaun Qu -CEO - has made offer to take CSIQ private.. outstanding shares price $18.47.. interesting.. ifnit folloss similar path to TSL then thats the upper limit on SP from here
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oxnous oxnous 7 years ago
Accumulating a sustainable agriculture company. It is not reliant on tax credits--just consumers interested in buying healthier food.

CSIQ could be a buy for a pop up after the first of the year --after tax selling is over.

Depends on how low it goes.
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squashjohn squashjohn 7 years ago
Looks like that was a good call
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oxnous oxnous 7 years ago
Took profits today in CSIQ. This tax bill will eviscerate the tax credits in renewable energy and that realization will, IMO, get other shareholders to take profits. Trying to get out before the rush.

GLTA
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jones99 jones99 7 years ago
The stock will likely start popping at open, just be up at 6am EST get your popcorn or chips and dip, cola and watch the party!
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stocktrademan stocktrademan 7 years ago
CSIQ buy 17.235









normal chart




log chart



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oxnous oxnous 7 years ago
No gap in the charts and no high volume sell off. Might be time to sell calls though.
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Spicknspan Spicknspan 7 years ago
The uptrend is still intact.
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Stockyang Stockyang 8 years ago
It is a super good buy at this price
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Mrwoodchuck Mrwoodchuck 8 years ago
Is this a good buy at these prices? Or is there something wrong with this company right now?
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