Home / Street Sector / Stocks in Concern on New Development: Canadian Solar Inc. (NASDAQ:CSIQ), Genius Brands International, Inc. (NASDAQ:GNUS)

Stocks in Concern on New Development: Canadian Solar Inc. (NASDAQ:CSIQ), Genius Brands International, Inc. (NASDAQ:GNUS)

Shares of Canadian Solar Inc. (NASDAQ:CSIQ) [Trend Analysis] runs in leading trade, it plunging -8.72% to traded at $10.68. The firm has price volatility of 5.71% for a week and 6.15% for a month. Its beta stands at 3.04 times. Canadian Solar Inc. (CSIQ) reported that its THIRD QUARTER net income attributable to the firm was $15.6 million or $0.27 per share as compared to $30.4 million or $0.53 per share a year ago. Net income was $657.3 million, down 22.7% from $849.8 million in the previous year.

On average, analysts polled by Thomson Reuters predictable earnings of $0.27 per share for the quarter on incomes of $685.28 million. Analysts’ anticipates typically exclude special items. Net income from the total solutions business as a percentage of total net income was 10.4%. Narrow down four to firm performance, its weekly performance was -10.25% and monthly performance was -32.19%. The stock price of CSIQ is moving down from its 20 days moving average with -19.13% and isolated negatively from 50 days moving average with -21.16%.

Genius Brands International, Inc. (NASDAQ:GNUS) reported that its ordinary stock started trading on the Nasdaq Capital Market recently.

“Effective at the opening of trading recently, Genius Brands International ordinary stock began trading on Nasdaq under the symbol GNUS,” stated Andy Heyward, Chairman & CEO of Genius Brands International. “This completes our effort to uplist the stock and positions us, our shareholders and all of our stakeholders to benefit from the surged visibility, better liquidity, greater access to capital, and in attracting a broader and more diverse range of institutional investors,” Heyward concluded.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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