JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Increases 28.93% Over A Month, But Analysts Still See Upside Potential

JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) currently has a daily average trading volume of 920.15K but it saw 731150 shares traded in last market. With a market cap of 933.74M USD, the company’s current market price of $18.63 came rising about 3.73 while comparing to the previous closing price of $17.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.36 and as low as $13.42.

Taking a look at 20-day trading activity of JinkoSolar Holding Co. Ltd ADR (JKS) gives us an average price of $16.78, while its current price level is -50.13% below from 52-week high level whereas it is 38.82% 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 $19.12 while that of 200 days or SMA-200 reads an average of $21.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.76% during that period while stretching the period over a month that increases to 6.89%. 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 56.83 which implies that the stock is in neutral territory.

ROTH MKM also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $50 and $25.

Over the week, JKS’s stock price is moving 4.25% up while it is 28.93% when we observe its performance for the past one month. Year-to-date it is -25.18% down and over the past year, the stock is showing a downside performance of -27.54%.

Currently, JinkoSolar Holding Co. Ltd ADR’s total number of outstanding shares is 50.12M with 38.53% of that held by the insiders while 27.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.61% and return on equity (ROE) at -9.49%. It has a 11.18 of forward P/E ratio. Stock’s beta reads 0.14. Stock has a price to book (P/B) ratio of 0.37 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -1.44% on average.