JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares up by 10.28%


Boston, MA, 06/28/2013 (financialstrend) – The share prices of JinkoSolar Holding Co., Ltd. (NYSE:JKS) had been traded in the price range of $8.22 and $9.30 per share on Thursday. The share price of the company had gradually advanced by 10.28 percent more than the previous day. The share price of JinkoSolar Holding Co., Ltd. (NYSE:JKS) does not make any effect in the 52 week high value $10.44 and 52 week low value $2.00.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) is a manufacturer of solar product. The Company, from recovered silicon materials has created value chain for their conversion to solar modules as a vertically integrated solar product. Its main principal products are solar cells, silicon wafers, and solar modules. The Company products are marketed in China and also to various world markets.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) had supplied modules to the India’s first solar park to create the PV modules of 25.8 megawatt (MW). The project is located in Maharashtra state, district named as Solapur in village Mandrup. Enrich Energy Pvt. Ltd’s Director – Commercial, Mr. Ankit Kanchal has explained “JKS has highly efficient polycrystalline modules, which help us to maximize the amount of reliable, and one of our priorities is an emission free solar power generated for each dollar invested and the use of land is minimized”. Upto December 30, 2012, JKS reported an integrated annual capacity of roughly 1.2 GigaWatt (GW) each for silicon ingots and wafers, solar PV modules and solar PV cells. The Company also added that the Enrich Energy is coming up of more solar parks in various states of India with 350 MW’s.

The market capitalization value is nearly 202.37 million and institutional investors share’s value is about 7 percent. The JinkoSolar Holding Co., Ltd. (NYSE: JKS) had a trading volume as 1.27 million and the average volume as 669,995 per day on Thursday. The company presently holds outstanding share values as 22.19 million on Thursday.