Stock News Recap: JinkoSolar Holding Co., Ltd. (NYSE: JKS)

On Monday, JinkoSolar Holding Co., Ltd. (NYSE: JKS) stock plunged -2.31% and closed at 15.65. The stock opened the session at $15.39 and touched its highest price point at $16.15. Its recent trading capacity is 300 shares versus to its average trading volume of 981844 shares. The company stock lowest price point for the session stood at $15.3.

JinkoSolar Holding Co., Ltd. (JKS) recently reported that SelectUSA presented JinkoSolar with a Certificate of Appreciation in recognition of its module assembly facility in Jacksonville, Florida and the positive investment in the United States leading to job creation and economic growth. JinkoSolar has reached its investment and jobs target ahead of schedule and has already shipped modules to U.S. consumers. It will serve both residential and utility consumers from this facility.

“JinkoSolar’s factory is a good example of SelectUSA’s core mission- to facilitate job creation and investment in the United States,” stated Brian Lenihan, Executive Director of SelectUSA. “We were delighted to tour the facility and recognize JinkoSolar’s investment in Florida and the U.S. solar industry.”

“JinkoSolar is truly an advanced manufacturer, and I am proud to have them in Jacksonville,” stated Congressman John Rutherford (R-FL 4th district). “It was eye-opening to see both the sophisticated assembly process and the skilled jobs that come with it. Congress must continue to work in a bipartisan way to remove roadblocks for American businesses and ensure fair competition in a growing international marketplace.”

The average true range of JinkoSolar Holding Co., Ltd.’s is recorded at 1.12 and the relative strength index of the stock stands 34.15. The stock price is going above to its 52-week low with 120.11% and lagging behind from its 52-week high with -37.00%. Analyst recommendation for this stock stands at 3.00. A look on the firm performance, its monthly performance is -25.97% and a quarterly performance of -29.63%. The stock price is trading downbeat from its 200 days moving average with -15.22% and down from 50 days moving average with -19.12%.

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