JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) kicked off on Monday, up 6.88% from the previous trading day, before settling in for the closing price of $21.80. Over the past 52 weeks, JKS has traded in a range of $16.70-$37.36.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 43.33%. While this was happening, its average annual earnings per share was recorded -89.30%. With a float of $51.33 million, this company’s outstanding shares have now reached $51.57 million.
The extent of productivity of a business whose workforce counts for 57397 workers is very important to gauge. 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 and Institutional Ownership
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 27.89%. The most recent insider transaction that took place on Sep 30 ’24, was worth 518,573.
JinkoSolar Holding Co. Ltd ADR (JKS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -89.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -13.82% 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 -0.41 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)
The latest stats from [JinkoSolar Holding Co. Ltd ADR, JKS] show that its last 5-days average volume of 0.65 million was inferior to 0.72 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.08%. Additionally, its Average True Range was 1.35.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 38.56%, which indicates a significant decrease from 68.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.03% in the past 14 days, which was lower than the 74.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.45, while its 200-day Moving Average is $22.60. Now, the first resistance to watch is $24.19. This is followed by the second major resistance level at $25.08. The third major resistance level sits at $26.16. If the price goes on to break the first support level at $22.22, it is likely to go to the next support level at $21.14. The third support level lies at $20.26 if the price breaches the second support level.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
The company with the Market Capitalisation of 1.20 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.
