JinkoSolar Holding Co. Ltd ADR (NYSE:JKS): Buy, Sell Or Hold At $23.61?

In last trading session, JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) saw 0.75 million shares changing hands with its beta currently measuring 0.38. Company’s recent per share price level of $23.61 trading at -$0.9 or -3.67% at ring of the bell on the day assigns it a market valuation of $1.22B. That closing price of JKS’s stock is at a discount of -102.67% from its 52-week high price of $47.85 and is indicating a premium of 10.8% from its 52-week low price of $21.06. Taking a look at company’s average trading volume volume of 900.37K if we extend that period to 3-months.

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

Upright in the red during last session for losing -3.67%, in the last five days JKS remained trading in the red while hitting it’s week-highest on Wednesday, 06/12/24 when the stock touched $23.61 price level, adding 11.97% to its value on the day. JinkoSolar Holding Co. Ltd ADR’s shares saw a change of -36.09% in year-to-date performance and have moved -6.53% in past 5-day. JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) showed a performance of -8.24% in past 30-days.

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

Statistics highlight that JinkoSolar Holding Co. Ltd ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -26.59% of value to its shares in past 6 months, showing an annual growth rate of -80.18% while that of industry is -4.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -1.40% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.91B for the same. And 3 analysts are in estimates of company making revenue of 4.69B in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 42.45% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -66.85% while estimates for its earnings growth in next 5 years are of 36.71%.

JKS Dividends

JinkoSolar Holding Co. Ltd ADR is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.