On Monday, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) opened higher 3.13% from the last session, before settling in for the closing price of $19.48. Price fluctuations for JKS have ranged from $13.42 to $37.36 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 24.39% over the last five years. Company’s average yearly earnings per share was noted -456.62% at the time writing. With a float of $49.89 million, this company’s outstanding shares have now reached $50.12 million.
The firm has a total of 33830 workers. Let’s measure their productivity. 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 Activity
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of JinkoSolar Holding Co. Ltd ADR is 0.48%, while institutional ownership is 31.82%. The most recent insider transaction that took place on Sep 30 ’24, was worth 518,573.
JinkoSolar Holding Co. Ltd ADR (JKS) Earnings and Forecasts
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 -456.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.79% 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
Check out the current performance indicators for JinkoSolar Holding Co. Ltd ADR (JKS). In the past quarter, the stock posted a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
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)
Analysing the last 5-days average volume posted by the [JinkoSolar Holding Co. Ltd ADR, JKS], we can find that recorded value of 0.63 million was lower than the volume posted last year of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 73.52%. Additionally, its Average True Range was 0.89.
During the past 100 days, JinkoSolar Holding Co. Ltd ADR’s (JKS) raw stochastic average was set at 60.36%, which indicates a significant decrease from 87.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.68% in the past 14 days, which was lower than the 57.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.79, while its 200-day Moving Average is $21.47. Now, the first resistance to watch is $20.57. This is followed by the second major resistance level at $21.05. The third major resistance level sits at $21.66. If the price goes on to break the first support level at $19.49, it is likely to go to the next support level at $18.88. Should the price break the second support level, the third support level stands at $18.40.
JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Key Stats
There are currently 51,377K shares outstanding in the company with a market cap of 1.01 billion. Presently, the company’s annual sales total 12,639 M according to its annual income of 7,470 K. Last quarter, the company’s sales amounted to 1,908 M and its income totaled -181,750 K.
