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In trading on Tuesday, shares of Canadian Solar Inc (NASDAQ:CSIQ) crossed below their last reported book value — defined as common shareholder equity per share — of $9.29, changing hands as low as $9.04 per share. Canadian Solar Inc shares are currently trading off about 3% on the day. The chart below shows the one year performance of CSIQ shares, versus its 50 and 200 day moving averages:
Looking at the chart above, CSIQ's low point in its 52 week range is $8.99 per share, with $17.63 as the 52 week high point — that compares with a last trade of $9.05.
CSIQ operates in the Semiconductors sector, among companies like Advanced Semiconductor Engineering, Inc. (NYSE:ASX) which is down about 1.4% today, and Atmel Corp. (NASDAQ:ATML) trading lower by about 4.7%. Below is a three month price history chart comparing the stock performance of CSIQ, versus ASX and ATML.
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