StockIceMan's Weekly Stock Pick
Week of
October 8, 2007
| Stock: |
Canadian Solar, Inc |
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| Ticker Symbol: |
CSIQ - Nasdaq - Semiconductors
- Specialized |
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| Buy: |
10.00 to 11.00 |
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| Sell: |
15.00 |
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Info: |
Canadian Solar, Inc., together with its
subsidiaries, engages in the design,
development, manufacture, and marketing of solar
module products that convert sunlight into
electricity for various uses. Its products
include a range of standard solar modules to
general specifications for use in various
residential, commercial, and industrial solar
power generation systems. The company also
designs and produces specialty solar modules and
products based on customers' requirements. Its
specialty solar modules and products consist of
customized modules that its customers
incorporate into their own products, such as
solar-powered bus stop lighting, and complete
specialty products, such as solar-powered car
battery chargers. In addition, the company
implements solar power development projects,
primarily in conjunction with government
organizations to provide solar power generation
in rural areas of the People's Republic of
China. It sells standard solar modules to
distributors and system integrators, and
specialty solar modules and products directly to
various manufacturers, who integrate these solar
modules into their own products or sell and
market them as part of their product portfolio.
Canadian Solar offers its products to customers
located in various markets worldwide, including
Germany, Spain, Canada, China, Japan, and the
United States. The company was founded in 2001
and is based in Suzhou, the People's Republic of
China |
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| Financial Info: |
For the six months ended 6/30/2007, revenues
totaled $77.9 million, up from $26 million. Net
loss increased 47% to $6.7 million. |
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| Key Ratios: |
Current
Ratio: 2.514, Total
Debt/Equity Ratio: 0.337, Trailing P/E: N/A,
Forward P/E: 21.04x, Price/Sales: 2.29,
Price/Book: 2.45 |
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| Share Info: |
There are 27.28
million shares outstanding with 7.66
million shares in the trading
float. Institutions own
approximately 17.90% of the shares outstanding.
There has been no insider purchases or
sales in the last six months.
Real-Time SEC Filings
As of 8/10/2007, there were 713,257 shares short.
Net Institutional Buying: N/A shares last 30 days. |
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| Articles: |
Canadian Solar Rises on U.S. Contract |
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