JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) on Monday, soared 6.05% from the previous trading day, before settling in for the closing price of $23.80. Within the past 52 weeks, JKS’s price has moved between $16.70 and $38.37.
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During the last 5-year period, the sales growth of Technology Sector giant was 37.41%. The company achieved an average annual earnings per share of -93.56%. With a float of $51.33 million, this company’s outstanding shares have now reached $51.57 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Solar industry stocks is more important than anything else. 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 -93.56% 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
JinkoSolar Holding Co. Ltd ADR (JKS) is currently performing well based on its current performance indicators. A quick ratio of 0.92 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
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 3.02 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 0.99 million, which is a drop from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 14.43%. Additionally, its Average True Range was 1.71.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 41.34%, which indicates a significant increase from 31.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.10% in the past 14 days, which was lower than the 91.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.97, while its 200-day Moving Average is $23.17. However, in the short run, JinkoSolar Holding Co. Ltd ADR’s stock first resistance to watch stands at $25.78. Second resistance stands at $26.32. The third major resistance level sits at $27.26. If the price goes on to break the first support level at $24.30, it is likely to go to the next support level at $23.36. Now, if the price goes above the second support level, the third support stands at $22.82.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
Market capitalization of the company is 1.30 billion based on 53,155K outstanding shares. Right now, sales total 16,716 M and income totals 485,560 K. The company made 3,492 M in profit during its latest quarter, and 3,210 K in sales during its previous quarter.
