JinkoSolar Holding Co., Ltd (JKS) stock is lower by 3.69% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With JKS Stock Today?
JinkoSolar Holding Co., Ltd (JKS) stock is down -3.5% while the S&P 500 is unchanged 0% as of 2:50 PM on Tuesday, Jul 28. JKS has fallen -$0.71 from the previous closing price of $20.29 on volume of 716,538 shares. Over the past year the S&P 500 is higher by 7.23% while JKS has fallen -1.85%. JKS earned $3.49 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.61.
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More About JinkoSolar Holding Co., Ltd
JinkoSolar Holding Co Ltd is engaged in the PV industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under JinkoSolar brand. The company's product includes Swan, Tiger, Cheetah, and others. Geographically, the firm generates a majority of its revenue from North America.
