JA Solar Holdings Co. (NASDAQ:JASO)’s share price traded down 1% during mid-day trading on Tuesday . The stock traded as low as $7.63 and last traded at $7.63, with a volume of 145,690 shares trading hands. The stock had previously closed at $7.71.

Several equities analysts recently issued reports on the stock. Credit Suisse Group AG set a $9.70 price target on shares of JA Solar Holdings and gave the company a “hold” rating in a report on Thursday, August 18th. Roth Capital downgraded shares of JA Solar Holdings from a “buy” rating to a “neutral” rating and cut their price target for the company from $12.00 to $8.00 in a report on Friday, June 3rd. Finally, Zacks Investment Research downgraded shares of JA Solar Holdings from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 7th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $9.49.

The firm has a 50-day moving average price of $7.34 and a 200 day moving average price of $8.01. The company has a market capitalization of $358.46 million and a P/E ratio of 3.77.

JA Solar Holdings (NASDAQ:JASO) last issued its quarterly earnings data on Wednesday, August 17th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by $0.38. The company had revenue of $619 million for the quarter. During the same period last year, the firm posted $0.27 earnings per share. On average, analysts anticipate that JA Solar Holdings Co. will post $0.34 EPS for the current year.

A hedge fund recently bought a new stake in JA Solar Holdings stock. Marshall Wace LLP purchased a new stake in JA Solar Holdings Co. (NASDAQ:JASO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 141,156 shares of the company’s stock, valued at approximately $1,369,000. Marshall Wace LLP owned 0.29% of JA Solar Holdings as of its most recent filing with the SEC.

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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