After Plunging -10.01% During Past Week, Is JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) Still A Buy?

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JinkoSolar Holding Co. Ltd ADR (NYSE:JKS)’s traded shares stood at 0.41 million during the latest session, with the company’s beta value hitting 0.39. At the last check today, the stock’s price was $21.57, to imply a decrease of -0.55% or -$0.12 in intraday trading. The JKS share’s 52-week high remains $50.60, putting it -134.59% down since that peak but still an impressive 1.48% since price per share fell to its 52-week low of $21.25. The company has a valuation of $1.12B, with an average of 914.68K shares over the past 3 months.

JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) trade information

After registering a -0.55% downside in the latest session, JinkoSolar Holding Co. Ltd ADR (JKS) has traded red over the past five days. The stock hit a weekly high of 24.19, dropping -0.55% in its intraday price action. The 5-day price performance for the stock is -10.01%, and -18.45% over 30 days. With these gigs, the year-to-date price performance is -41.61%.

JinkoSolar Holding Co. Ltd ADR (JKS) estimates and forecasts

Looking at statistics comparing JinkoSolar Holding Co. Ltd ADR share performance against respective industry, we note that the company has underperformed competitors. JinkoSolar Holding Co. Ltd ADR (JKS) shares are -31.72% down over the last 6 months, with its year-to-date growth rate lower than industry average at -48.03% against -9.30%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 42.45% for the past 5-year period. While 2024 is set for a -56.80% return in earnings, projections for the next 5 years are at 36.71% annually.

JKS Dividends

JinkoSolar Holding Co. Ltd ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. JinkoSolar Holding Co. Ltd ADR has a forward dividend ratio of 1.50, with the share yield ticking at 6.95% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.