News headlines about Canadian Solar (NASDAQ:CSIQ) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canadian Solar earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned press coverage about the solar energy provider an impact score of 44.0261223128577 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
Canadian Solar (NASDAQ:CSIQ) traded down $0.18 during mid-day trading on Wednesday, hitting $16.23. 18,446 shares of the company traded hands, compared to its average volume of 694,465. Canadian Solar has a one year low of $10.86 and a one year high of $19.09. The company has a market capitalization of $941.39, a PE ratio of 41.57, a price-to-earnings-growth ratio of 0.34 and a beta of 2.60. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.88 and a current ratio of 0.95.
CSIQ has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of Canadian Solar from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Axiom Securities cut shares of Canadian Solar from a “buy” rating to a “hold” rating and set a $17.00 price target for the company. in a research note on Friday, December 15th. JPMorgan Chase & Co. cut shares of Canadian Solar from a “neutral” rating to an “underweight” rating and set a $15.00 target price for the company. in a research note on Tuesday, December 12th. Goldman Sachs Group began coverage on shares of Canadian Solar in a research note on Tuesday, January 9th. They set a “neutral” rating and a $19.00 target price for the company. Finally, BidaskClub cut shares of Canadian Solar from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Canadian Solar presently has an average rating of “Hold” and an average target price of $18.91.
Canadian Solar Company Profile
Canadian Solar Inc is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment.