On Friday, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) opened higher 3.05% from the last session, before settling in for the closing price of $26.56. Price fluctuations for JKS have ranged from $16.70 to $38.65 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 37.41%. Company’s average yearly earnings per share was noted -92.61% at the time writing. 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
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 0.48%, while institutional ownership is 31.16%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.21 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 2.5) by -1.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -92.61% 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
Check out the current performance indicators for JinkoSolar Holding Co. Ltd ADR (JKS). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach 2.92 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 3.35 million, which is a jump from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 78.55%. Additionally, its Average True Range was 2.39.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 51.65%, which indicates a significant decrease from 90.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.54% in the past 14 days, which was higher than the 87.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.79, while its 200-day Moving Average is $23.61. However, in the short run, JinkoSolar Holding Co. Ltd ADR’s stock first resistance to watch stands at $28.28. Second resistance stands at $29.19. The third major resistance level sits at $30.25. If the price goes on to break the first support level at $26.31, it is likely to go to the next support level at $25.25. Now, if the price goes above the second support level, the third support stands at $24.34.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
There are currently 53,155K shares outstanding in the company with a market cap of 1.41 billion. Presently, the company’s annual sales total 16,716 M according to its annual income of 485,560 K. Last quarter, the company’s sales amounted to 3,310 M and its income totaled -13,850 K.
