JinkoSolar (NYSE:JKS) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares after opening at $29.55 moved to $29.60 on last trade day and at the end of the day closed at $26.74. Company price to sales ratio in past twelve months was calculated as 0.62 and price to cash ratio as 2.06. JinkoSolar Holding Co., Ltd. (NYSE:JKS) showed a negative weekly performance of -21.14%.
McEwen Mining Inc (NYSE:MUX) CEO in a televised interview admitted that his mining company would not commence production of silver, given the low pricing of this precious commodity. On the other hand gold prices have already shot up by nearly15% in 2014. According, to the CEO of McEwen Mining Inc(NYSE:MUX), the time to build a mine is good currently, due to the lower costs of consultation, construction and overall low investments required. However, mining company currently suffer from high-value royalty deals, while margins remain low. McEwen Mining Inc (NYSE:MUX) shares fell -6.54% in last trading session and ended the day on $2.43. MUX return on equity ratio is recorded as -19.80% and its return on assets is -15.40%. McEwen Mining Inc (NYSE:MUX) yearly performance is -16.21%.
On March 18, 2014, SouFun Holdings Ltd. (SouFun) announced that it will change the ratio of its American Depositary Receipts representing Class A ordinary shares from one American depositary share (ADS) for one Class A ordinary shares to five ADS for one Class A ordinary share. According to SouFun, the record date for the ratio change is on March 28, 2014. The Company said that for SouFun’s ADS holders, this ratio change will have the same effect as a five-for-one ADS split. The Company also stated that there will be no change to SouFun’s Class A ordinary shares. The Company confirmed the effect of the ratio change on the ADS trading price on New York Stock Exchange which is expected to take place on April 7, 2014. SouFun Holdings Ltd (NYSE:SFUN) shares moved down -6.49% in last trading session and was closed at $66.23, while trading in range of $66.08-$72.44.SouFun Holdings Ltd (NYSE:SFUN) year to date performance is -19.63%.
58.com Inc (ADR) (NYSE:WUBA) announced unaudited financial outcome for the fourth quarter and fiscal year ended Dec 31, 2013 results on Thursday. Fourth Quarter 2013 Results, In the fourth quarter of 2013, total revenues were US$45.3 million which accounts for an increase of 83.2% as compared to the results of the same quarter of the previous year. it surpasses guidance of US$41 million to US$43 million. 58.com Inc (ADR) (NYSE:WUBA) weekly performance is -19.56%. On last trading day company shares ended up $39.55. 58.com Inc (ADR) (NYSE:WUBA) distance from 50-day simple moving average is -7.35%. Analysts mean target price for the company is $49.90.