On Monday, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) was 4.02% up from the session before settling in for the closing price of $21.64. A 52-week range for JKS has been $16.70 – $38.37.
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Annual sales at Technology sector company grew by 37.41% over the past five years. When this article was written, the company’s average yearly earnings per share was at -92.59%. 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 12.79%, operating margin of -1.01%, and the pretax margin is 1.92%.
JinkoSolar Holding Co. Ltd ADR (JKS) Insider Updates
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 29.57%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.08 earnings per share (EPS) during the time that was less than consensus figure (set at 2.51) by -2.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.91 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -92.59% 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 0.92. 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 0.75 million, a negative change from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 58.40%. Additionally, its Average True Range was 1.66.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 28.12%, which indicates a significant decrease from 38.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.79% in the past 14 days, which was lower than the 89.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.20, while its 200-day Moving Average is $23.27. Nevertheless, the first resistance level for the watch stands at $23.10 in the near term. At $23.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.43. If the price goes on to break the first support level at $21.77, it is likely to go to the next support level at $21.03. Assuming the price breaks the second support level, the third support level stands at $20.44.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
There are 53,155K outstanding shares of the company, which has a market capitalization of 1.16 billion. As of now, sales total 16,716 M while income totals 485,560 K. Its latest quarter income was 3,492 M while its last quarter net income were 3,210 K.
