A new trading day began on Monday, with JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) stock price up 6.89% from the previous day of trading, before settling in for the closing price of $26.85. JKS’s price has ranged from $16.70 to $38.37 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 37.41% over the last five years. Meanwhile, its annual earnings per share averaged -93.63%. With a float of $51.33 million, this company’s outstanding shares have now reached $51.57 million.
The firm has a total of 57397 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 0.48%, while institutional ownership is 29.28%. 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
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 -93.63% 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
Here are JinkoSolar Holding Co. Ltd ADR’s current performance indicators. According to the last quarter’s results, the 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 0.10.
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 3.01 in one year’s time.
Technical Analysis of JinkoSolar Holding Co. Ltd ADR (JKS)
Analysing the last 5-days average volume posted by the [JinkoSolar Holding Co. Ltd ADR, JKS], we can find that recorded value of 1.8 million was better than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 87.02%. Additionally, its Average True Range was 1.82.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 58.08%, which indicates a significant decrease from 89.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.51% in the past 14 days, which was lower than the 90.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.98, while its 200-day Moving Average is $23.20. Now, the first resistance to watch is $29.69. This is followed by the second major resistance level at $30.67. The third major resistance level sits at $31.67. If the price goes on to break the first support level at $27.70, it is likely to go to the next support level at $26.70. Now, if the price goes above the second support level, the third support stands at $25.72.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
With a market capitalization of 1.48 billion, the company has a total of 53,155K Shares Outstanding. Currently, annual sales are 16,716 M while annual income is 485,560 K. The company’s previous quarter sales were 3,492 M while its latest quarter income was 3,210 K.
