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JKS’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -42.12% this year. Over the last six months, there has been a stronger performance of -5.02%. The price of JKS fallen by 9.25% during the last 30 days period. For the last 5-days stocks have slided -17.74%.

JinkoSolar Holding Co. Ltd ADR’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $38.65 on 11/15/23, and the lowest price during that time was $16.70, recorded on 08/30/24.

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52-week price history of JKS Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. JinkoSolar Holding Co. Ltd ADR’s current trading price is -44.68% away from its 52-week high, while its distance from the 52-week low is 28.02%. The stock’s price range over this timeframe has been between $16.70 and $38.65. The shares of the Technology sector company recorded a trading volume of approximately 1.94 million for the day, which was comparatively higher than the average daily volume of 1.09 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

JinkoSolar Holding Co. Ltd ADR (JKS) has experienced a quarterly decline of -1.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.10B and boasts a workforce of 57397 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 22.00, with a change in price of -7.17. Similarly, JinkoSolar Holding Co. Ltd ADR recorded 1,007,828 in trading volume during the last 100 days, posting a change of -25.11%.

JKS’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for JKS stands at 2.31. Similarly, the long-term debt-to-equity ratio is also 1.02.

JKS Stock Stochastic Average

The raw stochastic average for JinkoSolar Holding Co. Ltd ADR over the last 50 days is presently at 22.65%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 11.22%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.69% and 23.22%, respectively.

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