JinkoSolar Holding Co Ltd (NYSE: JKS) stock enjoyed a major increase of 17.8% on 10/28/24. The shares closed at $27.70. Moreover, exceptionally high trading volume at 319% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 36.1% during the last week.
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 (High 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 98 but a poor Power Rating of 22, triggering the High 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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