On 9/30/24, JinkoSolar Holding Co Ltd (NYSE: JKS) stock enjoyed a major increase of 15.6%, closing at $26.82. Moreover, exceptionally high trading volume at 491% of normal accompanied the advance. The stock has risen 35.9% during the last week but has been weak relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. JinkoSolar Holding has a very high Appreciation Score of 97 but a very low Power Rating of 9, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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