JA Solar Holdings Co. (NASDAQ:JASO) traded up 8.2% on Monday . The stock traded as high as $7.75 and last traded at $7.56, with a volume of 1,191,037 shares trading hands. The stock had previously closed at $6.99.

Several equities research analysts recently weighed in on the stock. Axiom Securities reiterated a “sell” rating on shares of JA Solar Holdings in a research note on Saturday, April 23rd. Roth Capital cut shares of JA Solar Holdings from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.00 to $8.00 in a research note on Friday, June 3rd. Finally, Zacks Investment Research cut shares of JA Solar Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $9.59.

The company has a market capitalization of $353.31 million and a price-to-earnings ratio of 3.92. The firm’s 50 day moving average is $6.90 and its 200-day moving average is $8.12.

JA Solar Holdings (NASDAQ:JASO) last issued its quarterly earnings results on Friday, May 27th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.31 by $0.05. During the same quarter in the previous year, the business earned $0.13 earnings per share. The business had revenue of $538.10 million for the quarter. On average, equities analysts forecast that JA Solar Holdings Co. will post $0.75 EPS for the current year.

Other large investors have modified their holdings of the company. Russell Frank Co boosted its stake in shares of JA Solar Holdings by 1,564.3% in the fourth quarter. Russell Frank Co now owns 307,900 shares of the company’s stock valued at $2,951,000 after buying an additional 289,400 shares during the period. California Public Employees Retirement System boosted its stake in shares of JA Solar Holdings by 19.0% in the fourth quarter. California Public Employees Retirement System now owns 310,759 shares of the company’s stock valued at $3,014,000 after buying an additional 49,700 shares during the period. Morgan Stanley boosted its stake in shares of JA Solar Holdings by 65.7% in the fourth quarter. Morgan Stanley now owns 1,144,199 shares of the company’s stock valued at $11,099,000 after buying an additional 453,579 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of JA Solar Holdings during the fourth quarter valued at approximately $1,369,000.

JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.

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