JinkoSolar Holding (JKS) In Focus: Stock Moves 11.2% Higher

JKS SEDG

JinkoSolar Holding Co., Ltd. (JKS - Free Report) was a big mover last session, as its shares rose a little over 11% 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 roughly 24% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

JinkoSolar Holding currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Solar space is SolarEdge Technologies, Inc. (SEDG - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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