Let’s start up with the current stock price of JinkoSolar Holding Co. Ltd. (JKS), which is $59.78 to be very precise. The Stock rose vividly during the last session to $56.77 after opening rate of $54.67 while the lowest price it went was recorded $53.35 before closing at $56.19.
Recently in News on July 12, 2021, JinkoSolar’s Advanced High-efficiency Solar Module Sets New Record with Highest Conversion Efficiency of 23.53%. JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, after recently setting a test record of 25.25% for large-area N-type monocrystalline silicon solar cells, the maximum solar conversion efficiency of its advanced high-efficiency solar module reached 23.53% and has outperformed the previous record of 23.01%, also set by JinkoSolar, in January 2021. The result was independently tested and confirmed by TÜV Rheinland, one of the world’s leading testing service provider on internationally recognized safety and quality standards. You can read further details here
JinkoSolar Holding Co. Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $76.53 on 01/27/21, with the lowest value was $28.39 for the same time period, recorded on 05/11/21.
JinkoSolar Holding Co. Ltd. (JKS) full year performance was 152.54%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, JinkoSolar Holding Co. Ltd. shares are logging -33.73% during the 52-week period from high price, and 222.06% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $18.56 and $90.20.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1026625 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the JinkoSolar Holding Co. Ltd. (JKS) recorded performance in the market was -9.18%, having the revenues showcasing 51.99% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.78B, as it employees total of 24361 workers.
JinkoSolar Holding Co. Ltd. (JKS) in the eye of market guru’s
During the last month, 0 analysts gave the JinkoSolar Holding Co. Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 42.30, with a change in the price was noted +7.86. In a similar fashion, JinkoSolar Holding Co. Ltd. posted a movement of +15.31% for the period of last 100 days, recording 2,329,186 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for JKS is recording 2.62 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.73.
JinkoSolar Holding Co. Ltd. (JKS): Stocks Technical analysis and Trends
Raw Stochastic average of JinkoSolar Holding Co. Ltd. in the period of last 50 days is set at 87.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.69%. In the last 20 days, the company’s Stochastic %K was 75.10% and its Stochastic %D was recorded 75.77%.
If we look into the earlier routines of JinkoSolar Holding Co. Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -9.18%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -11.36%, alongside a boost of 152.54% for the period of the last 12 months. The shares increased approximately by -9.05% in the 7-day charts and went down by 42.80% in the period of the last 30 days. Common stock shares were driven by 51.99% during last recorded quarter.