Stock of the Day: JA Solar Holdings Co., Ltd. (ADR) Can’t Burn Your Short Portfolio. Has Another Weak Session

Stock of the Day: JA Solar Holdings Co., Ltd. (ADR) Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is a huge mover today! The stock decreased 1.80% or $0.11 on September 30, hitting $6.01. About 512,229 shares traded hands. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has declined 32.70% since February 29, 2016 and is downtrending. It has underperformed by 43.12% the S&P500.
The move comes after 8 months negative chart setup for the $285.78M company. It was reported on Oct, 1 by Barchart.com. We have $5.35 PT which if reached, will make NASDAQ:JASO worth $31.44M less.

JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) Ratings Coverage

Out of 3 analysts covering JA Solar (NASDAQ:JASO), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. JA Solar has been the topic of 5 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has “Outperform” rating given on Wednesday, August 12 by RBC Capital Markets. The firm earned “Neutral” rating on Friday, June 3 by Roth Capital. The stock of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) earned “Neutral” rating by Roth Capital on Saturday, August 15. Axiom Capital initiated JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) on Monday, August 31 with “Sell” rating. The firm earned “Buy” rating on Wednesday, December 16 by TH Capital.

According to Zacks Investment Research, “JA SOLAR HOLDINGS LTD is a fast growing manufacturer of high-performance solar cells that is advancing solar photovoltaics as a financially viable yet sustainable solution to balance the world’s environment and energy needs. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.”

More important recent JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) news were published by: Businessfinancenews.com which released: “JA Solar Holdings Co., Ltd. (ADR) (JASO) Reports Stellar 3Q Results And Record …” on November 18, 2015, also Benzinga.com published article titled: “SunEdison Troubles Could Spread To Trina And JA Solar, Credit Suisse Warns”, Benzinga.com published: “Roth Capital Shines Positive On Solar: Upgrades JA Solar, ReneSola, Enphase” on December 16, 2015. More interesting news about JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) was released by: Benzinga.com and their article: “Axiom’s Gordon Johnson Sees Pain Coming For Solar Investors Who Went Long …” with publication date: February 03, 2016.

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