On Friday, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) was 9.14% up from the session before settling in for the closing price of $21.55. A 52-week range for JKS has been $16.70 – $38.65.
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During the last 5-year period, the sales growth of Technology Sector giant was 37.41%. When this article was written, the company’s average yearly earnings per share was at -102.44%. With a float of $51.33 million, this company’s outstanding shares have now reached $52.14 million.
Let’s determine the extent of company efficiency that accounts for 57397 employees. In terms of profitability, gross margin is 13.99%, operating margin of 1.69%, and the pretax margin is 4.16%.
JinkoSolar Holding Co. Ltd ADR (JKS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward JinkoSolar Holding Co. Ltd ADR stocks. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 0.48%, while institutional ownership is 31.12%. The most recent insider transaction that took place on Sep 30 ’24, was worth 518,573.
JinkoSolar Holding Co. Ltd ADR (JKS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 3.31 earnings per share (EPS) during the time that was better than consensus figure (set at 1.44) by 1.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -102.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.71% during the next five years compared to 42.45% growth over the previous five years of trading.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Trading Performance Indicators
You can see what JinkoSolar Holding Co. Ltd ADR (JKS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.80, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach 2.25 in one year’s time.
Technical Analysis of JinkoSolar Holding Co. Ltd ADR (JKS)
Looking closely at JinkoSolar Holding Co. Ltd ADR (NYSE: JKS), its last 5-days average volume was 2.11 million, which is a jump from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 46.09%. Additionally, its Average True Range was 2.05.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 33.01%, which indicates a significant decrease from 40.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.68% in the past 14 days, which was higher than the 80.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.08, while its 200-day Moving Average is $23.70. However, in the short run, JinkoSolar Holding Co. Ltd ADR’s stock first resistance to watch stands at $25.10. Second resistance stands at $26.68. The third major resistance level sits at $27.98. If the price goes on to break the first support level at $22.22, it is likely to go to the next support level at $20.92. Now, if the price goes above the second support level, the third support stands at $19.34.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
There are 53,155K outstanding shares of the company, which has a market capitalization of 1.21 billion. As of now, sales total 16,716 M while income totals 485,560 K. Its latest quarter income was 3,310 M while its last quarter net income were -13,850 K.
