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JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed the day trading at $15.46 up 7.21% from the previous closing price of $14.42. In other words, the price has increased by $7.21 from its previous closing price. On the day, 2.15 million shares were traded.
Ratios:
For a better understanding of JKS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 2.41 whereas as Long-Term Debt/Eq ratio is at 1.49.
On March 21, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $50 to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 30 ’24 when HY Vision Cloud Holdings Limit bought 20,000 shares for $25.93 per share.
Valuation Measures:
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 0.28.
Stock Price History:
Over the past 52 weeks, JKS has reached a high of $37.36, while it has fallen to a 52-week low of $13.42. The 50-Day Moving Average of the stock is -25.51%, while the 200-Day Moving Average is calculated to be -29.57%.
Shares Statistics:
A total of 51.57M shares are outstanding, with a floating share count of 51.33M. Insiders hold about 0.48% of the company’s shares, while institutions hold 27.66% stake in the company.
