A major move is in the offing as JinkoSolar Holding Co. Ltd ADR (JKS) market cap hits 1.21 billion

Steve Mayer

JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) on Friday, plunged -5.08% from the previous trading day, before settling in for the closing price of $25.39. Within the past 52 weeks, JKS’s price has moved between $13.42 and $37.36.

During the last 5-year period, the sales drop of Technology Sector giant was -45.68%. The company achieved an average annual earnings per share of -599.50%. With a float of $49.58 million, this company’s outstanding shares have now reached $50.12 million.

JinkoSolar Holding Co. Ltd ADR (JKS) Insider Activity

Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 1.08%, while institutional ownership is 30.52%. The most recent insider transaction that took place on Jun 20 ’25, was worth 152,874. Before that another transaction happened on Sep 30 ’24, when Company’s Director proposed sale 20,000 for $25.93, making the entire transaction worth $518,573.

JinkoSolar Holding Co. Ltd ADR (JKS) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.29 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.7) by -0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -599.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 58.63% during the next five years compared to -45.68% drop 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 1.03 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 0.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.03, a number that is poised to hit -2.40 in the next quarter and is forecasted to reach 1.89 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 0.56 million, which is a drop from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 29.47%.

During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 67.78%, which indicates a significant increase from 13.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.16 in the past 14 days, which was higher than the 0.97 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.53, while its 200-day Moving Average is $21.72. However, in the short run, JinkoSolar Holding Co. Ltd ADR’s stock first resistance to watch stands at $24.87. Second resistance stands at $25.64. The third major resistance level sits at $26.04. If the price goes on to break the first support level at $23.70, it is likely to go to the next support level at $23.30. Should the price break the second support level, the third support level stands at $22.53.

JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats

Market capitalization of the company is 1.21 billion based on 51,652K outstanding shares. Right now, sales total 12,639 M and income totals 7,470 K. The company made 1,908 M in profit during its latest quarter, and -181,750 K in sales during its previous quarter.

Leave a Comment

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.