JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) is -25.91% lower on its value in year-to-date trading and has touched a low of $16.70 and a high of $38.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JKS stock was last observed hovering at around $26.56 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $27.37, the stock is 15.25% and 25.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 3.05% at the moment leaves the stock 15.91% off its SMA200. JKS registered -10.73% loss for a year compared to 6-month loss of 4.55%. The firm has a 50-day simple moving average (SMA 50) of $21.7862 and a 200-day simple moving average (SMA200) of $23.61215.
The stock witnessed a 4.91% gain in the last 1 month and extending the period to 3 months gives it a 43.83%, and is 16.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.30% over the week and 10.23% over the month.
JinkoSolar Holding Co. Ltd ADR (JKS) has around 57397 employees, a market worth around $1.41B and $14.49B in sales. Current P/E ratio is 46.42 and Fwd P/E is 9.39. Profit margin for the company is 0.54%. Distance from 52-week low is 63.89% and -29.18% from its 52-week high. The company has generated returns on investments over the last 12 months (1.15%).
The EPS is expected to shrink by -92.61% this year.
JinkoSolar Holding Co. Ltd ADR (JKS) Top Institutional Holders
The shares outstanding are 52.14M, and float is at 51.33M with Short Float at 8.83%.
The top institutional shareholder in the company is MACKENZIE FINANCIAL CORP with over 2.57 million shares valued at $53.3 million. The investor’s holdings represent 4.7633% of the JKS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.6 million shares valued at $33.17 million to account for 2.9646 of the shares outstanding. The other top investors are INVESCO LTD. which holds 1.47 million shares representing 2.7272% and valued at over $30.51 million, while MORGAN STANLEY holds 2.3454 of the shares totaling 1.27 million with a market value of $26.24 million.
JinkoSolar Holding Co. Ltd ADR (JKS) Insider Activity
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