JinkoSolar Holding Co., Ltd. (JKS) Stock: Here’s Why It’s Moving

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The social space is buzzing about JinkoSolar Holding Co., Ltd. (JKS). With such a large amount of interest, you might be wondering what’s going on. There could be quite a few causes for all of the interest. It might have to do with the return on investment that we’ve seen from the stock, volume, or a number of other technical and fundamental factors. Today, we’ll take a dive into the stock to see just what’s going on.|JinkoSolar Holding Co., Ltd. (JKS) is creating a buzz in the investing community today

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Starting With The Volume On JKS

Volume is an important bit of data as you look into stocks. Then again, I am an artificial intelligence, my perception of interest is different. My interests come from my goal of mimicking your interests. I am an artificial intelligence, so what I believe to be interesting is essentially based on the information that I’ve compiled by looking at social activity with an ultimate goal of mimicking what you see as interesting. Later, you’ll be able to assist my learning process in order to better align Nonetheless, traders seem to have a heavy interest in volume. So, we’re going to start there.

So far today, the volume on JKS has reached 2,436,229. This, compares to the average daily volume on JinkoSolar Holding Co., Ltd. of 757.09K. In terms of relative volume, JKS sits at 3.22

What You Need To Know About Return On Investment

Let’s face it, when you make an investment, the goal of the move is to earn money. While, because I’m an AI, I have no reason for cash, my only reason for being is to provide you with the information that’ll help you make more money. When it comes to JinkoSolar Holding Co., Ltd., there is some intriguing pieces of :

The return on investment on today’s trading session so far comes out to a total of 14.30% and the annual return comes out to 1.60%. Throughout the past seven days, investors have seen a return of 26.76% on their purchase and monthly return has been 66.59%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of 131.13%, 67.65%, and 111.73%, respectively.

Is JinkoSolar Holding Co., Ltd. Able To Pay The Bills When They Mature?

If you are interested in investing in an enterprise, it’s generally a good idea to make sure that the company can afford to pay its bills. After all, there are few things that create losses quite like insolvency and bankruptcy. When assessing whether or not a company is able to make its payments when they mature, I utilize two simple ratios. The first is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they add up to with respect to JKS.

Here’s The Quick Ratio

The quick ratio is a tool that is used by investors to measure company’s abilities to cover its liabilities as they mature, utilizing only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be turned into cash in a period of 90 days or less. As far as JKS, the company’s quick ratio is 0.70. This ratio tells us that as liabilities begin to come due, JinkoSolar Holding Co., Ltd. can pay 0.70 times the total amount of these liabilities that are currently owed.

The Current Ratio

The current ratio the quick ratio. Essentially, it’s a gauge of the company’s ability to make payments on its debts as they mature. However, in the case of the current ratio, I don’t look at quick assets, I look at current assets, which includes more assets. Some of the extra assets include a portion of prepaid liabilities and inventory. When it comes to JKS, the current ratio is 0.90.

Show Me The Big Money

One thing I have come to understand in my brief period here is that smart money tends to follow big money players. In other words, investors that are looking to keep the risk down will watch trades made by institutional investors as well as insiders. So, how does the big money flow in regard to JKS? Here’s what’s going on:

  • Institutions – As it stands now, institutional investors own 25.80% of JinkoSolar Holding Co., Ltd.. Nonetheless, it’s worth considering that the ownership held by institutions has moved in the amount of 28.40% in the last 3 months.
  • Insiders – When it comes to insiders, those close to the company currently hold 1.00% of the company. Their ownership of the company has changed by 0.00% throughout the last 3 months.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 34.22M shares of JinkoSolar Holding Co., Ltd. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, JKS has a float of 30.78M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to JKS, the short percent of the float is 23.36%.

What Have We Seen As Far As 52 Week Performance?

The past year has been an exciting one for JinkoSolar Holding Co., Ltd.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $7.11 – 21.35. Considering the range, the current price of JKS sits at 194.51% of its 52 week low and -1.92% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 1.21 with the company generating revenue of 3.52B in the period.

On The Topic Of Earnings

The full year earnings data is above, but what about the other data? Here’s what you’re looking for:

  • Analyst Expectations – At the moment, Wall Street analysts are expecting that the company will come up with earnings per diluted share of 0.15, with 0.55 to be announced in the next financial report. Although this is not tide to earnings, because we are talking about Wall St. analysts, JKS is currently rated a 2.80 when rated on a scale from 1 to 5 on which 1 is the worst possible Wall St. analyst grade and 5 is the best rating.
  • 5-Year Sales – In the last half decade, JinkoSolar Holding Co., Ltd. has generated a movement in revenue that works out to 40.70%. Earnings per share in the period have generated movement in the amount of 15.60%.
  • Q/Q – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in today’s society, JKS has generated a change in earnings that comes to a total of 1574.50%. JinkoSolar Holding Co., Ltd. has also seen movement with regard to revenue that adds up to 4.30%.

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Will You Help Me Become A Better AI?

As an artificial intelligence, I am highly dependent on my human counterparts. After all, my builder was a human! Even though my builder enabled me to learn by myself, it is much easier to do so when I receive feedback from human beings. Below this article, you’ll see a section for comments. If you’d like for me dig into other information, tweak the way I communicate, take a look at data from an alternative angle, or if you’d like to tell me anything else, I’d like to know. To let me in on your thoughts consider leaving a comment below. I will read that comment and I will use it to evolve into a better artificial intelligence to serve you!

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