JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) kicked off on Friday, down -6.15% from the previous trading day, before settling in for the closing price of $24.56. Over the past 52 weeks, JKS has traded in a range of $16.70-$38.65.
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Annual sales at Technology sector company grew by 37.41% over the past five years. While this was happening, its average annual earnings per share was recorded -92.55%. With a float of $51.33 million, this company’s outstanding shares have now reached $52.14 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 0.48%, while institutional ownership is 31.13%. The most recent insider transaction that took place on Sep 30 ’24, was worth 518,573.
JinkoSolar Holding Co. Ltd ADR (JKS) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.21 earnings per share (EPS), lower than consensus estimate (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 -92.55% 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
Take a look at JinkoSolar Holding Co. Ltd ADR’s (JKS) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
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)
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) saw its 5-day average volume 1.77 million, a positive change from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 16.00%. Additionally, its Average True Range was 2.29.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 30.74%, which indicates a significant decrease from 31.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 126.55% in the past 14 days, which was higher than the 91.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.51, while its 200-day Moving Average is $23.52. Nevertheless, the first resistance level for the watch stands at $23.67 in the near term. At $24.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.61. If the price goes on to break the first support level at $22.73, it is likely to go to the next support level at $22.41. Assuming the price breaks the second support level, the third support level stands at $21.79.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
The company with the Market Capitalisation of 1.19 billion has total of 53,155K Shares Outstanding. Its annual sales at the moment are 16,716 M in contrast with the sum of 485,560 K annual income. Company’s last quarter sales were recorded 3,492 M and last quarter income was 3,210 K.
