JinkoSolar Holding Co. Ltd ADR (JKS) concluded trading on Wednesday at a closing price of $25.35, with 3.78 million shares of worth about $95.88 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.92% during that period and on October 30, 2024 the price saw a gain of about 4.93%. Currently the company’s common shares owned by public are about 52.14M shares, out of which, 51.33M shares are available for trading.
Stock saw a price change of 21.00% in past 5 days and over the past one month there was a price change of -0.71%. Year-to-date (YTD), JKS shares are showing a performance of -31.38% which decreased to -14.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.70 but also hit the highest price of $38.65 during that period. The average intraday trading volume for JinkoSolar Holding Co. Ltd ADR shares is 1.38 million. The stock is currently trading 6.28% above its 20-day simple moving average (SMA20), while that difference is up 18.16% for SMA50 and it goes to 7.30% higher than SMA200.
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JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) currently have 52.14M outstanding shares and institutions hold larger chunk of about 31.18% of that.
The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 6.67, while it has posted earnings per share of $3.80 in the same period. Its PEG reads 0.18 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 2.31. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JKS, volatility over the week remained 12.85% while standing at 10.13% over the month.
Stock’s fiscal year EPS is expected to drop by -103.09% while it is estimated to increase by 768.30% in next year. EPS is likely to shrink at an annualized rate of 36.71% for next 5-years, compared to annual growth of 42.45% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH MKM on March 21, 2024 offering a Neutral rating for the stock and assigned a target price range of between $50 and $25 to it. On February 05, 2024, Daiwa Securities Downgrade their recommendations, while on January 26, 2024, Daiwa Securities Initiated their ratings for the stock with a price target of $33.30. Stock get a Buy rating from ROTH Capital on January 11, 2023.
