JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) kicked off on Friday, down -0.81% from the previous trading day, before settling in for the closing price of $18.47. Over the past 52 weeks, JKS has traded in a range of $13.42-$37.36.
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A company in the Technology sector has jumped its sales by 29.97% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -453.21%. With a float of $49.89 million, this company’s outstanding shares have now reached $50.12 million.
In an organization with 33830 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.36%, operating margin of -3.25%, and the pretax margin is -5.33%.
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 31.80%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -453.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.64% 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
Take a look at JinkoSolar Holding Co. Ltd ADR’s (JKS) current performance indicators. Last quarter, stock had a quick ratio of 1.03. 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 -5.03, a number that is poised to hit -1.79 in the next quarter and is forecasted to reach 1.67 in one year’s time.
Technical Analysis of JinkoSolar Holding Co. Ltd ADR (JKS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.16%. Additionally, its Average True Range was 1.03.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 32.36%, which indicates a significant increase from 27.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.67% in the past 14 days, which was lower than the 61.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.41, while its 200-day Moving Average is $21.50. However, in the short run, JinkoSolar Holding Co. Ltd ADR’s stock first resistance to watch stands at $18.77. Second resistance stands at $19.22. The third major resistance level sits at $19.70. If the price goes on to break the first support level at $17.84, it is likely to go to the next support level at $17.36. The third support level lies at $16.91 if the price breaches the second support level.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
The company with the Market Capitalisation of 918.20 million has total of 51,377K Shares Outstanding. Its annual sales at the moment are 12,639 M in contrast with the sum of 7,470 K annual income. Company’s last quarter sales were recorded 1,908 M and last quarter income was -181,750 K.
