JA Solar Holdings Co. (NASDAQ:JASO) rose 1.9% during mid-day trading on Friday . The company traded as high as $7.70 and last traded at $7.63, with a volume of 213,274 shares. The stock had previously closed at $7.49.

JASO has been the topic of a number of research analyst reports. Zacks Investment Research downgraded JA Solar Holdings from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 7th. Credit Suisse Group AG set a $9.70 target price on JA Solar Holdings and gave the company a “hold” rating in a report on Thursday, August 18th. Finally, Roth Capital downgraded 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 report on Friday, June 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $9.49.

The firm’s 50 day moving average is $7.41 and its 200-day moving average is $8.00. The stock has a market cap of $358.00 million and a P/E ratio of 3.75.

JA Solar Holdings (NASDAQ:JASO) last posted its quarterly earnings results on Wednesday, August 17th. The company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by $0.38. During the same period in the previous year, the firm posted $0.27 EPS. The company had revenue of $619 million for the quarter. On average, analysts forecast that JA Solar Holdings Co. will post $0.82 earnings per share for the current year.

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

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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