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Strength Seen in JinkoSolar (JKS): Stock Soars 10.1%
JinkoSolar Holding Co., Ltd.(JKS - Free Report) was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 48.6% in the past one-month time frame.
The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
JinkoSolar currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
JinkoSolar Holding Company Limited Price and Consensus
JinkoSolar Holding Company Limited Price and Consensus | JinkoSolar Holding Company Limited Quote
A better-ranked stock in the Solar industry is SolarEdge Technologies, Inc. (SEDG - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is JKS going up? Or down? Predict to see what others think: Up or Down
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