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JinkoSolar downgraded
On Thursday, JinkoSolar (NYSE: JKS) Holding Co., Ltd. (NYSE:JKS) experienced a downgrade in its stock rating from Buy to Neutral by Roth/MKM, accompanied by a significant reduction in its price tar. [pdf]FAQS about JinkoSolar downgraded
Why did JinkoSolar stock drop 94%?
Shares of JinkoSolar Holding Co. dropped 9.4% toward a 2-month low, after the China-based solar module maker announced plans for a $100 million equity offering. The company said late Tuesday that it may sell the American
Is JinkoSolar stock a good buy?
JinkoSolar stock has received a consensus rating of sell. The average rating score is and is based on 2 buy ratings, 2 hold ratings, and 5 sell ratings. What was the 52-week low for JinkoSolar stock? The low in the last 52 weeks of JinkoSolar stock was 16.71. According to the current price, JinkoSolar is 125.19% away from the 52-week low.
What was the 52-week low for JinkoSolar stock?
The low in the last 52 weeks of JinkoSolar stock was 16.71. According to the current price, JinkoSolar is 125.19% away from the 52-week low. What was the 52-week high for JinkoSolar stock? The high in the last 52 weeks of JinkoSolar stock was 38.33. According to the current price, JinkoSolar is 54.58% away from the 52-week high.
What is the target price for JinkoSolar?
The 9 analysts offering price forecasts for JinkoSolar have a median target of 38.33, with a high estimate of 78.00 and a low estimate of 23.00. The median estimate represents a 54.57 difference from the last price of 20.92.
Why are JinkoSolar shares trading lower?
JinkoSolar Holding Co Ltd (NYSE:JKS) shares are trading lower after the company reported worse-than-expected fourth-quarter FY23 bottom-line results. Revenue grew 9.4% Y/Y to $4.62 billion, beating the consensus of $4.28 billion. Quarterly shipments increased 67.7% Y/Y to 27,862 MW (26,335 MW for solar modules and 1,528 MW for cells and wafers).
Does JinkoSolar have a high conversion efficiency?
JinkoSolar has set a new record for maximum solar conversion efficiency of 26.1% for its 182 mm and above large-size monocrystalline silicon TOPCon solar cell. This result has been independently confirmed by the National Institute of Metrology, China ("NIM").

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