In terms of market performance, JinkoSolar Holding Co. Ltd ADR had a fairly uneven. The highest value for the stock in the past year was $37.36 on 10/07/24, and the lowest value was recorded at $16.70 on 08/30/24.
52-week price history of JKS Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. JinkoSolar Holding Co. Ltd ADR’s current trading price is -41.25% away from its 52-week high, while its distance from the 52-week low is 31.44%. The stock’s price range during this period has spanned from $16.70 to $37.36. In the Technology sector, the JinkoSolar Holding Co. Ltd ADR’s shares surpassed a trading volume of approximately 0.82 million for the day, which was noticeably higher compared to the average daily volume of 9.0.75 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
JinkoSolar Holding Co. Ltd ADR (JKS) has experienced a quarterly decline of -23.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.13B and boasts a workforce of 57397 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.37, with a change in price of +1.01. Similarly, JinkoSolar Holding Co. Ltd ADR recorded 1,128,163 in trading volume during the last 100 days, posting a change of +4.82%.
Examining JKS’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for JKS stands at 2.48. Similarly, the long-term debt-to-equity ratio is also 1.37.
JKS Stock Stochastic Average
Today, JinkoSolar Holding Co. Ltd ADR’s raw stochastic average for the past 50 days stands at 29.23%, indicating a decline from the raw stochastic average of the last 20 days, which was 36.22%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.88% and 33.32% respectively.
JKS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -11.85%. However, over the past six months, we’ve seen a weaker performance of 18.71%. The price of JKS fallen by 4.62% over the last 30 days. And in the last five days, it has fallen by -2.44%.
