Is Buying Jinkosolar Holding Company Limited American Deposi (NYSE:JKS) Here Good Idea?

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Logo

The stock of Jinkosolar Holding Company Limited American Deposi (NYSE:JKS) registered a decrease of 12.86% in short interest. JKS’s total short interest was 7.20 million shares in October as published by FINRA. Its down 12.86% from 8.26 million shares, reported previously. With 943,500 shares average volume, it will take short sellers 8 days to cover their JKS’s short positions.

The stock decreased 0.51% or $0.08 during the last trading session, reaching $15.71. About 744,841 shares traded. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has risen 45.65% since October 12, 2018 and is uptrending. It has outperformed by 45.65% the S&P500.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the PeopleÂ’s Republic of China and internationally. The company has market cap of $691.45 million. It offers solar modules, solar cells, silicon ingots, silicon wafers, and recovered silicon materials. It has a 12.21 P/E ratio. The firm sells its products to distributors, project developers, and system integrators under the JinkoSolar brand, as well as on an original equipment maker basis.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Coverage

Among 2 analysts covering JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (NYSE:JKS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) has $2500 highest and $1800 lowest target. $22’s average target is 40.04% above currents $15.71 stock price. JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) had 4 analyst reports since June 18, 2019 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, September 3 by Credit Suisse. The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) has “Neutral” rating given on Monday, July 1 by Credit Suisse. UBS downgraded JinkoSolar Holding Co., Ltd. (NYSE:JKS) on Tuesday, June 18 to “Neutral” rating.

More notable recent JinkoSolar Holding Co., Ltd. (NYSE:JKS) news were published by: Seekingalpha.com which released: “Stocks To Watch: Macro Headaches For Investors – Seeking Alpha” on August 24, 2019, also Investorplace.com with their article: “3 Solar Stocks to Buy While Investors Underestimate Them – Investorplace.com” published on September 18, 2019, Seekingalpha.com published: “Tesla: Solar Is On The Rise – Seeking Alpha” on October 12, 2019. More interesting news about JinkoSolar Holding Co., Ltd. (NYSE:JKS) were released by: Prnewswire.com and their article: “JinkoSolar to Supply 300 MW of Ultra-High Efficiency Modules for Utility-Scale Project in Spain – PRNewswire” published on September 24, 2019 as well as Prnewswire.com‘s news article titled: “JinkoSolar Named Top-Rated Bankable PV Module Supplier by PV-Tech – PRNewswire” with publication date: August 29, 2019.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Chart

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