The stock of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is a huge mover today! About 842,438 shares traded hands or 47.90% up from the average. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has declined 28.52% since March 3, 2016 and is downtrending. It has underperformed by 36.87% the S&P500.
The move comes after 5 months positive chart setup for the $360.73 million company. It was reported on Oct, 6 by Barchart.com. We have $14.50 PT which if reached, will make NASDAQ:JASO worth $404.02 million more.
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 firm earned “Buy” rating on Wednesday, December 16 by TH Capital. As per Wednesday, August 12, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating by Roth Capital given on Friday, June 3. The rating was initiated by Axiom Capital on Monday, August 31 with “Sell”. As per Saturday, August 15, the company rating was maintained by Roth 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 Investorplace.com published article titled: “3 Semiconductors & Semiconductor Equipment Stocks to Sell Now”, Benzinga.com published: “SunEdison Troubles Could Spread To Trina And JA Solar, Credit Suisse Warns” on April 25, 2016. More interesting news about JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) was released by: Benzinga.com and their article: “Roth Capital Shines Positive On Solar: Upgrades JA Solar, ReneSola, Enphase” with publication date: December 16, 2015.
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