Shares of JinkoSolar Holding Co. (NYSE:JKS) saw unusually-strong trading volume on Monday . Approximately 387,403 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 415,936 shares.The stock last traded at $19.58 and had previously closed at $19.48.

A number of equities analysts have weighed in on JKS shares. JPMorgan Chase & Co. raised shares of JinkoSolar Holding from a “neutral” rating to an “overweight” rating in a research note on Thursday, June 9th. Credit Suisse Group AG dropped their target price on shares of JinkoSolar Holding from $42.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, March 21st. Zacks Investment Research downgraded shares of JinkoSolar Holding from a “hold” rating to a “sell” rating in a research note on Monday, June 20th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $30.00 target price (down from $35.00) on shares of JinkoSolar Holding in a research note on Sunday, June 5th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $34.10.

The firm has a market capitalization of $618.34 million and a price-to-earnings ratio of 4.48. The firm has a 50 day moving average price of $20.91 and a 200-day moving average price of $21.44.

JinkoSolar Holding (NYSE:JKS) last released its quarterly earnings results on Friday, May 27th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.85. The business had revenue of $847.80 million for the quarter. During the same quarter last year, the company posted $0.88 earnings per share. The business’s revenue for the quarter was up 91.2% compared to the same quarter last year. On average, analysts predict that JinkoSolar Holding Co. will post $4.55 EPS for the current year.

A number of large investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its stake in shares of JinkoSolar Holding by 8.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 58,446 shares of the company’s stock worth $1,617,000 after buying an additional 4,479 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of JinkoSolar Holding by 313.5% in the fourth quarter. GSA Capital Partners LLP now owns 127,359 shares of the company’s stock worth $3,524,000 after buying an additional 96,559 shares during the last quarter. Oceanic Investment Management LTD increased its stake in shares of JinkoSolar Holding by 106.4% in the fourth quarter. Oceanic Investment Management LTD now owns 1,287,926 shares of the company’s stock worth $35,637,000 after buying an additional 663,946 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in shares of JinkoSolar Holding by 577.3% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 173,256 shares of the company’s stock worth $4,794,000 after buying an additional 147,676 shares during the last quarter. Finally, Russell Frank Co increased its stake in shares of JinkoSolar Holding by 1,495.2% in the fourth quarter. Russell Frank Co now owns 98,900 shares of the company’s stock worth $2,751,000 after buying an additional 92,700 shares during the last quarter.

JinkoSolar Holding Co, Ltd. is a holding company. The Company is a provider of solutions in the photovoltaic (PV) industry-based in Jiangxi and Zhejiang Provinces in China. The Company recovers silicon materials, manufactures solar modules and generates solar power. The Company’s products include recovered silicon materials (metric tons), silicon ingots, silicon wafers, solar cells and solar modules, and its services consist of solar system engineering, procurement and construction (EPC), processing services and electricity generation.

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