JinkoSolar Holding Co., Ltd. (NYSE:JKS) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Zacks Investment Research has upgraded JinkoSolar Holding Co., Ltd. (NYSE:JKS) to Hold in a statement released on 10/5/2016.
Boasting a price of $15.33, JinkoSolar Holding Co., Ltd. (NYSE:JKS) traded -3.77% lower on the day. With the last stock price close down -22.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. JinkoSolar Holding Co., Ltd. has recorded a 50-day average of $17.41 and a two hundred day average of $19.71. Volume of trade was down over the average, with 431,705 shares of JKS changing hands under the typical 443,552
With a total market value of $0, JinkoSolar Holding Co., Ltd. has price-earnings ratio of 2.90 with a one year low of $14.32 and a one year high of $29.50 .
A total of 8 equity analysts have released a research note on JKS. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $31.07.
More About JinkoSolar Holding Co., Ltd. (NYSE:JKS)
JinkoSolar Holding Co., Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company's segments include the manufacturing segment and the solar power projects segment. The manufacturing segment comprises its vertically integrated solar power product manufacturing business, under which the Company manufactures silicon ingots, wafers, cells and solar modules. The solar power projects segment comprises the downstream solar power generation, construction and operation business, including power generation; engineering, procurement and construction (EPC), and connecting solar power projects to the grid, and operation and maintenance (O&M) of the solar power projects. The Company sells its solar modules under the JinkoSolar brand. Its services include solar system EPC and processing services.
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