Takeover Rumor Swirl Around First Solar, Inc. (NASDAQ:FSLR) Again – GE, DSTI, ASTI, CSIQ

First Solar, Inc. (NASDAQ:FSLR) rallied yesterday on rumor that the biggest U.S. solar company could be an acquisition target for General Electric (NYSE:GE). The rumor, while without any official word, is not entirely without merit. Industrial conglomerate GE has solar operations and has come forward as a possible competitor to First Solar in the production of thin-film solar cells.

Significantly, First Solar, Inc. (FSLR) latest price of $32.36 is at a premium of 6.45% to its 200-day moving average price of $25.35. Its 52-week range has been $11.43 to $46.79; it is trading at a discount of 35.54% to its 52-week high and a premium of 183.11% to its 52-week low.

DayStar Technologies Inc.(NASDAQ:DSTI) traded down on a volume of 153,831, higher than its standard daily volume after PacWest Equities, Inc. declared the finalization of its talks related to acquiring part or all of DayStar Technologies, Inc.’s Solar Technology Line of CIGS technology, in a deal some analysts believe has worth more than $50 Million USD.

Shares of DSTI have dropped -2.03% to $1.45. Over the last twelve months, the stock has lost -37.23% and faced a worst price of $0.90 on Jun 01, 2012. The stock has moved down across its 50-day moving average of $1.52.

Ascent Solar Technologies, Inc.(NASDAQ:ASTI) saw its price fall on below-normal volume, as 146,706 shares changed hands when compared with its average daily volume of 294,788 shares. The stock was up2.28% to $0.650. It has fallen over the last 12 months, dropping 23.53% and marked low $0.53 on May 25, 2012. At the end of recent trade, the stock has moved down across its SMA 200 of $1.02.

In the last trading session, Canadian Solar Inc.(NASDAQ:CSIQ) was up on low volume, trading at a volume of 587,025 versus its average daily volume of 757,137 shares. At $4.90, the stock has lost momentum as shares are down -2.78% from a peak price of $5.04 on Feb 07, 2013. The stock is trading at 8.00% of its 20-day moving average and 31.52% of its 50-day moving average.