JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) expects increased demand from USA and China


The share prices of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) surged by 2.17 percent to currently trade at $7.50 per share on its Thursday’s trading session. The shares of the company had been trading with intraday prices moving in the range of $6.91 to $7.23 per during the day. The shares JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) have a market capitalization of $285.16 million. The stock opened at $6.99 per share. The stock has a 52 week low of $2.91 per share and a 52 week high of $11.40 per share, and is currently trading midway between this range.

The company is focused on developing, manufacturing, designing, developing and selling solar module products and solar cell for the development of the business. Monocrystalline and multicrystalline solar cells are the products and various standards, special solar products are manufactured by the company. The company’s products are sold under their brand name and their products are produced under their brand name to OEM and its customers. The company produced 2,100 megawatts per annum was the solar cell manufacturing capacity on December 2010. They also produced their customized products to its end users and customers. Shanghai Jinglong Solar Technology was acquired by this company on 2010 and Silver Age Holdings Limited was acquired by this company on December 2011.

The company forecasted that there would be heavily increased demand from United States and Japan so they expect to increase the deliveries in the second quarter. The company will increase the shipments as 430 megawatts in the three months and the company’s last month solar products deliveries between 410 megawatts to 430 megawatts. The company had an institutional investor’s shareholdings as 10 percent. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has been having a trading volume of 2.22 million. The company presently holds 40.45 million shares outstanding in the market.