On 27 JUNE JinkoSolar Holding Co., Ltd. (NYSE:JKS) reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.40 by $0.20. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $288.50 million. During the same quarter in the prior year, the company posted ($0.92) earnings per share. The company’s quarterly revenue was up 72.9% on a year-over-year basis. On average, analysts predict that JinkoSolar Holding Co. will post $3.02 earnings per share for the current fiscal year. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 4.10% and weekly performance is -0.40%. On last trading day company shares ended up $29.61. Analysts mean target price for the company is $41.99. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average (SMA50) is 9.35%.
On 23 JUNE JA Solar Holdings Co., Ltd. (ADR) (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%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares fell 4.80% in last trading session and ended the day on $9.92. JASO Gross Margin is 12.20% and its return on assets is -1.00%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) quarterly performance is -3.50%.
China Sunergy Co Ltd (NASDAQ:CSUN) announced that its wholly-owned R&D subsidiary, China Sunergy (Nanjing) Power Science & Technology Co., Ltd. (the “R&D Innovation Plant”), has entered into a strategic collaboration agreement with the 48th Research Institute of China Electronics Technology Group Corporation (“The Research Institute”), to jointly accelerate research and development, deployment and marketing of photovoltaic technology and products. China Sunergy Co Ltd (NASDAQ:CSUN) shares moved down 5.66% in last trading session and was closed at $3.00, while trading in range of $2.95 – $3.21. China Sunergy Co Ltd (NASDAQ:CSUN) year to date (YTD) performance is -50.25%.
Sunedison Inc (NYSE:SUNE) said that it bought a 50 percent stake in solar energy plant operator Silver Ridge Power for about $178.6 million in cash. Sunedison Inc (NYSE:SUNE) ended the last trading day at $21.90. Company weekly volatility is calculated as 3.83% and price to cash ratio as 12.66. Sunedison Inc (NYSE:SUNE) showed a negative weekly performance of -4.24%.
Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS: STPFQ) On last trading day company shares ended up $0.360.