Why JinkoSolar Stock Is Plummeting Today
's (NYSE: JKS) American Depositary Receipts are getting hit with big sell-offs in Thursday's trading. The Chinese solar-technologies company's share price was down 11.3% as of 12 p.m. ET.
Before the market opened today, JinkoSolar published results for last year's fourth quarter. The company reported sales that beat expectations, but the business recorded another substantial loss in the period.
Image source: Getty Images.
Source Fool.com
JinkoSolar Holding Co. Ltd. ADR Stock
€16.94
0.480%
Currently there is a rather positive sentiment for JinkoSolar Holding Co. Ltd. ADR with 5 Buy predictions and 2 Sell predictions.
With a target price of 20 € there is a slightly positive potential of 18.06% for JinkoSolar Holding Co. Ltd. ADR compared to the current price of 16.94 €.
