A share price of JinkoSolar Holding Co. Ltd ADR [JKS] is currently trading at $21.69, up 3.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The JKS shares have gain 1.69% over the last week, with a monthly amount drifted -7.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
JinkoSolar Holding Co. Ltd ADR [NYSE: JKS] stock has seen the most recent analyst activity on January 10, 2025, when Daiwa Securities downgraded its rating to a Sell. Previously, ROTH MKM downgraded its rating to Neutral on March 21, 2024, and dropped its price target to $25. On February 05, 2024, downgrade downgraded it’s rating to Hold. Daiwa Securities downgraded its rating to a Neutral but stick to its price target of $25 on February 05, 2024. Daiwa Securities initiated its recommendation with a Outperform and recommended $33.30 as its price target on January 26, 2024. ROTH Capital upgraded its rating to Buy for this stock on January 11, 2023, and upped its price target to $70. In a note dated September 29, 2022, HSBC Securities initiated an Buy rating and provided a target price of $76 on this stock.
JinkoSolar Holding Co. Ltd ADR experienced fluctuations in its stock price throughout the past year between $16.70 and $37.36. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. JinkoSolar Holding Co. Ltd ADR [NYSE: JKS] shares were valued at $21.69 at the most recent close of the market. An investor can expect a potential drop of -7.79% based on the average JKS price forecast.
Analyzing the JKS fundamentals
Trailing Twelve Months sales for JinkoSolar Holding Co. Ltd ADR [NYSE:JKS] were 14.49B which represents -22.16% decline. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.03 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.87 points at the first support level, and at 20.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.15, and for the 2nd resistance point, it is at 22.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for JinkoSolar Holding Co. Ltd ADR [NYSE:JKS] is 1.22. As well, the Quick Ratio is 0.92, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 0.39 and price to earnings (TTM) ratio is 36.79.
Transactions by insiders
Recent insider trading involved HY Vision Cloud Holdings Limit, Director, that happened on Sep 30 ’24 when 20000.0 shares were purchased.
