Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $24.56 in the prior trading day, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed at $23.05, down -6.15%. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 1.38 million shares were traded. JKS stock price reached its highest trading level at $23.97 during the session, while it also had its lowest trading level at $23.035.
Ratios:
Our goal is to gain a better understanding of JKS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 1.37.
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.
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:
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 1136618496 and an Enterprise Value of 33812574208. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.09, and their Forward P/E ratio for the next fiscal year is 7.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. 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 0.41. Its current Enterprise Value per Revenue stands at 0.324 whereas that against EBITDA is 2.829.
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 2.38%, while the 200-Day Moving Average is calculated to be -2.01%.
Shares Statistics:
The stock has traded on average 1.54M shares per day over the past 3-months and 2562210 shares per day over the last 10 days, according to various share statistics. 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 31.13% stake in the company. Shares short for JKS as of 1728950400 were 4530189 with a Short Ratio of 2.94, compared to 1726185600 on 4942855. Therefore, it implies a Short% of Shares Outstanding of 4530189 and a Short% of Float of 12.16.
