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In the latest session, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed at $17.27 down -4.16% from its previous closing price of $18.02. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 0.58 million shares were traded. JKS stock price reached its highest trading level at $17.82 during the session, while it also had its lowest trading level at $17.21.
Ratios:
For a deeper understanding of JinkoSolar Holding Co. Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 2.31 whereas as Long-Term Debt/Eq ratio is at 1.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on March 21, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $50 previously.
Daiwa Securities Downgraded its Outperform to Neutral on February 05, 2024, while the target price for the stock was maintained at $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JKS now has a Market Capitalization of 782816320 and an Enterprise Value of 30782949376. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.54, and their Forward P/E ratio for the next fiscal year is 7.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 0.275 whereas that against EBITDA is 2.31.
Stock Price History:
Over the past 52 weeks, JKS has reached a high of $38.65, while it has fallen to a 52-week low of $16.70. The 50-Day Moving Average of the stock is -14.97%, while the 200-Day Moving Average is calculated to be -33.38%.
Shares Statistics:
For the past three months, JKS has traded an average of 742.88K shares per day and 674890 over the past ten days. A total of 52.14M shares are outstanding, with a floating share count of 51.33M. Insiders hold about 0.48% of the company’s shares, while institutions hold 31.45% stake in the company. Shares short for JKS as of 1723680000 were 4910995 with a Short Ratio of 6.61, compared to 1721001600 on 4739637. Therefore, it implies a Short% of Shares Outstanding of 4910995 and a Short% of Float of 12.640001000000002.
