JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) currently has a daily average trading volume of 907.70K but it saw 1241314 shares traded in last market. With a market cap of 1.23B USD, the company’s current market price of $23.86 came rising about 6.38 while comparing to the previous closing price of $22.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.36 and as low as $16.70.
Taking a look at 20-day trading activity of JinkoSolar Holding Co. Ltd ADR (JKS) gives us an average price of $21.77, while its current price level is -36.13% below from 52-week high level whereas it is 42.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $23.33 while that of 200 days or SMA-200 reads an average of $22.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.86% during that period while stretching the period over a month that decreases to 4.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.24 which implies that the stock is in neutral territory.
ROTH MKM downgraded its recommendation for the stock as a “Neutral” from “Buy” on March 21, 2024 while assigning a price target range of $50-$25.
Over the week, JKS’s stock price is moving 2.84% up while it is 15.54% when we observe its performance for the past one month. Year-to-date it is -4.18% down and over the past year, the stock is showing a downside performance of -8.55%.
Currently, JinkoSolar Holding Co. Ltd ADR’s total number of outstanding shares is 51.57M. Company’s return on investment (ROI) stands at 1.15% and return on equity (ROE) at 2.78%. It has a price to earnings ratio (P/E ratio) of 40.47 while having a 7.94 of forward P/E ratio. Stock’s beta reads 0.37. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is 0.43% on average.
