Tag: JinkoSolar Holding Co

  • Trader’s Alert: JinkoSolar Holding Co., Ltd. (NYSE:JKS), JA Solar Holdings (NASDAQ:JASO), Daqo New Energy Corp (NYSE:DQ), Sunedison Inc (NYSE:SUNE), LDK Solar (OTCMKTS:LDKSY)

    Shares of JinkoSolar Holding Co. (NYSE:JKS) have received a consensus rating of “Buy” from the eight ratings firms that are covering the company. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 4.10% and weekly performance is 3.26%. On last trading day company shares ended up $30.08. Analysts mean target price for the company is $43.82. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average is 11.29%.

    JA Solar Holdings Co., Ltd. (Nasdaq: JASO) launched mass production of its PERCIUM solar cell on June 20th. The PERCIUM solar cell, the first P-TYPE solar cell in industry that surpasses a conversion efficiency of 20%, has reached an average conversion efficiency of 20.4%. The 6×10 PERCIUM cells module, which has reached an average power rating of 285W, is expected to be put into mass production one week later. The preparation for mass production has taken only three months since the new product release early this year and the module is expected to reach an average power rating of 290W by the end of the year. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares fell -1.84% in last trading session and ended the day on $10.66. JASO Gross Margin is 12.30% and its return on assets is -1.00%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) quarterly performance is -3.44%.

    China-based polysilicon manufacturer Daqo New Energy Corp (NYSE:DQ), Monday said Qiangmin Zhou has returned to the company as its Chief Operations Officer, effective immediately. Daqo New Energy Corp (NYSE:DQ) shares moved down -3.69% in last trading session and was closed at $30.80, while trading in range of $30.49-$32.59. Daqo New Energy Corp (NYSE:DQ) year to date performance is -15.15%.

    Solar technology company, SunEdison, Inc. ( SUNE) recently closed a non-recourse debt financing agreement worth approximately $190 million for the construction of the 72.8 megawatt (MW) Maria Elena solar project in northern Chile. Construction of the project is expected to get underway in 2014. Post the announcement, shares of SunEdison closed 1.83% higher in the last trading session (Friday). Sunedison Inc (NYSE:SUNE) ended the last trading day at $23.12. Company weekly volatility is calculated as 3.98% and price to cash ratio as 13.36. Sunedison Inc (NYSE:SUNE) showed a positive weekly performance of 8.14%.

    LDK Solar Co., Ltd. in provisional liquidation (OTCMKTS:LDKSY) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced on 25 April that its Chinese subsidiary, Jiangxi LDK Solar Hi-Tech Co., Ltd. (“Jiangxi LDK Solar”), has signed a wafer supply agreement with Solartech Energy Corporation, a Taiwanese company listed on the Taiwan exchange with solar collection manufacturing operations. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) On last trading day company shares ended up $0.600.