JinkoSolar Holding Co Ltd (NYSE: JKS) stock closed at $25.99 on 10/8/24 after a major decline of -20.7%. Moreover, this decline was accompanied by exceptionally high trading volume at 438% of normal. The stock has declined -3.1% during the last week and 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 10, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative 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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