JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) concluded the trading at $28.55 on Wednesday, May 22, with a rise of 17.01% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $24.40. Company’s P/E ratio for the trailing 12 months is 3.85. Considering stock’s 52-week price range provides that JKS hit a high price of $47.85 and saw its price falling to a low level of $21.06 during that period. Over a period of past 1-month, stock came adding 24.78% in its value.
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In contrast, when we review JKS stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.
Digging deeper we become aware of the PEG ratio of the JKS stock which is currently positioned at 0.10. It further provides that stock’s current price level is 14.72% away from its 20-day simple moving average and is 16.84% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 63.97 while volatility remained at 5.41% over the past week which changes to 5.13% when measuring it over the past month. Beta is valued at 0.37, while measure of average true range or ATR is currently at 1.44.
Having a second look at JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) provides that stock’s average daily trading volume for 3 months was 849.20K. Number of outstanding shares of the stock stood at 52.14 million.
The percentage of outstanding shares held by the insiders is 0.48% while it is 32.45% for the institutional holders. Subtraction of -22.71% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
