First Solar (FSLR) Volatility Higher as Shares Power Above 50-Day SMA

July 16, 2012 11:26 AM EDT Send to a Friend
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Volatility in First Solar (Nasdaq: FSLR) stock is elevated Monday, as shares move comfortably through the $14.50 price level.

Market data has implied volatility up 8.3 percent on the session and at 120 percent of its trailing historical average.

Shares are about 6.5 percent higher today with volume on a solid pace, about 2.6 million shares trading hands nearing midday.

Of note, First Solar also crossed through its 50-day SMA level, currently calculated at $14.54.


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