Notable companies
The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Bloom Energy Corp (NYSE:BE), Plug Power (NASDAQ:PLUG), Canadian Solar (NASDAQ:CSIQ), FuelCell Energy Inc (NASDAQ:FCEL).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index.
The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.
Market Cap
The average market capitalization across the Global X CleanTech ETF ETF is 3.81B. The market cap for tickers in the group ranges from 332.9M to 18.04B. FSLR holds the highest valuation in this group at 18.04B. The lowest valued company is STEM at 332.9M.
High and low price notable news
The average weekly price growth across all stocks in the Global X CleanTech ETF ETF was -2%. For the same ETF, the average monthly price growth was -7%, and the average quarterly price growth was -23%. BE experienced the highest price growth at 61%, while SEDG experienced the biggest fall at -21%.
Volume
The average weekly volume growth across all stocks in the Global X CleanTech ETF ETF was 19%. For the same stocks of the ETF, the average monthly volume growth was 164% and the average quarterly volume growth was 143%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 69
P/E Growth Rating: 64
Price Growth Rating: 73
SMR Rating: 81
Profit Risk Rating: 89
Seasonality Score: 23 (-100 ... +100)