Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) was $17.53 for the day, down -2.29% from the previous closing price of $17.94. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 0.92 million shares were traded.
Ratios:
Our analysis of JKS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 1.82.
ROTH MKM Downgraded its Buy to Neutral on March 21, 2024, whereas the target price for the stock was revised from $50 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.35.
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 -9.64%, while the 200-Day Moving Average is calculated to be -18.89%.
Shares Statistics:
A total of 50.12M shares are outstanding, with a floating share count of 49.89M. Insiders hold about 0.48% of the company’s shares, while institutions hold 28.48% stake in the company.
