JinkoSolar Holding Co Ltd (NYSE: JKS). Extremely significant negative changes in investment behavior have recently occurred: its shorter term price trend turned down, and the stock fell on very heavy volume.
Significant negative changes in JinkoSolar Holding Co Ltd (NYSE: JKS) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
JKS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
JinkoSolar Holding has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. JinkoSolar Holding has a very high Appreciation Score of 99 but a very low Power Rating of 4, with the Neutral Value Trend Rating the result.
Recent Price Action
JinkoSolar Holding Co Ltd (NYSE: JKS) stock closed at $21.81 on 6/20/24 after a large decline of -9.0%. Moreover, trading volume in this decline was exceptionally high at 219% of normal. The stock has declined -14.3% during the last week and has been extremely weak relative to the market over the last nine months.
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