Shares of JinkoSolar Holding Co. (NYSE:JKS) rose 4.7% during mid-day trading on Wednesday . The stock traded as high as $19.06 and last traded at $18.99, with a volume of 284,655 shares. The stock had previously closed at $18.14.

JKS has been the topic of several recent research reports. JPMorgan Chase & Co. raised JinkoSolar Holding from a “neutral” rating to an “overweight” rating in a report on Thursday, June 9th. Zacks Investment Research lowered JinkoSolar Holding from a “hold” rating to a “sell” rating in a report on Monday, June 20th. Finally, Roth Capital restated a “buy” rating and set a $30.00 price target (down previously from $35.00) on shares of JinkoSolar Holding in a report on Sunday, June 5th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $34.10.

The company’s 50-day moving average is $20.12 and its 200 day moving average is $21.11. The firm has a market cap of $590.42 million and a P/E ratio of 4.28.

JinkoSolar Holding (NYSE:JKS) last posted its quarterly earnings data on Friday, May 27th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.85. During the same quarter last year, the business earned $0.88 EPS. The business had revenue of $847.80 million for the quarter. The firm’s revenue was up 91.2% on a year-over-year basis. On average, analysts expect that JinkoSolar Holding Co. will post $4.54 earnings per share for the current fiscal year.

Other large investors have bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its stake in JinkoSolar Holding by 8.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 58,446 shares of the company’s stock valued at $1,617,000 after buying an additional 4,479 shares during the period. GSA Capital Partners LLP boosted its stake in JinkoSolar Holding by 313.5% in the fourth quarter. GSA Capital Partners LLP now owns 127,359 shares of the company’s stock valued at $3,524,000 after buying an additional 96,559 shares during the period. Finally, Russell Frank Co boosted its stake in JinkoSolar Holding by 1,495.2% in the fourth quarter. Russell Frank Co now owns 98,900 shares of the company’s stock valued at $2,751,000 after buying an additional 92,700 shares during the period.

JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.

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