JinkoSolar Holding Company Limited (NYSE:JKS) PEG Ratio At -0.16


Market experts has given a mean price target of $22.47 to JinkoSolar Holding Company Limited (NYSE:JKS) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.71 for the near-term quarter and $4.44 for this year.

Technical View

The technical assessment of JinkoSolar Holding Company Limi pinpoints that the 50-day moving average of JinkoSolar Holding Company Limited (NYSE:JKS) stock is $18.37, and is trading $-3.73 points away or -20.30% from 50-day moving average of $18.37. It is trading $-5.63 or -27.78% off 200-day MA of $20.27.

The 52-week high of JinkoSolar Holding Company Limited (NYSE:JKS) was $29.50 while $14.35 is the low point in the same period. JinkoSolar Holding Company Limi share price has to rise more than $-14.86 to register a high for 52-weeks or drop +2.02% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

JinkoSolar Holding Company Limited (NYSE:JKS) P/E ratio is 2.77 while PEG ratio is at -0.16. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

JinkoSolar Holding Company Limi stock recorded a close of $14.64 in last trading session, which brings it market cap to $461.03M.

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