JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) price on Friday, May 02, rose 0.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.94.
A look at the stock’s price movement, the close in the last trading session was $17.87, moving within a range at $17.82 and $18.4. The beta value (5-Year monthly) was 0.142. Turning to its 52-week performance, $37.36 and $13.42 were the 52-week high and 52-week low respectively. Overall, JKS moved -3.39% over the past month.
JinkoSolar Holding Co. Ltd ADR’s market cap currently stands at around $899.15 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-25.
Analysts have a consensus estimate of 2.46B for the company’s revenue for the quarter, with a low and high estimate of 2.08B and 2.75B respectively. The average forecast suggests down to a -25.80% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 10.78B, representing a -14.70% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JKS is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend JKS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JKS’s current price about 10.12% and -8.05% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.04, while 7-day volatility ratio is 5.36% and 8.23% in the 30-day chart. Further, JinkoSolar Holding Co. Ltd ADR (JKS) has a beta value of 0.14, and an average true range (ATR) of 1.24. Analysts have given the company’s stock an average 52-week price target of $22, forecast between a low of $22 and high of $22. Looking at the price targets, the low is -22.63% off current price level while to achieve the yearly target high, price needs to move -22.63%. Nonetheless, investors will most likely welcome a -22.63% jump to $22 which is the analysts’ median price.
If we refocus on JinkoSolar Holding Co. Ltd ADR (NYSE:JKS), historical trading data shows that trading volumes averaged 0.91 over the past 10 days and 918.02K over the past 3 months. The company’s latest data on shares outstanding shows there are 50.12 million shares.
The 0.48% of JinkoSolar Holding Co. Ltd ADR’s shares are in the hands of company insiders while institutional holders own 28.48% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.6 million on 2025-04-15, giving us a short ratio of 4.43. The data shows that as of 2025-04-15 short interest in JinkoSolar Holding Co. Ltd ADR (JKS) stood at 1502.0001 of shares outstanding, with shares short rising to 4.44 million registered in 2025-03-14. Current price change has pushed the stock -27.95% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JKS stock continues to rise going into the next quarter.
