Shares of JinkoSolar Under Pressure, Down 5.4%Published on Fri, 10/07/2011 -
12:05
By Mallory Stone in Market movers, JKS, jinkosolar, market movers, nyse:jks
One of today's notable stocks in decline is JinkoSolar (NYSE:JKS), down 5.4%
to $6.42. The Dow is down 0.3% to 11,095 and the S&P is currently down 0.8%
to 1,155.
JinkoSolar Holding Company Limited manufactures solar products. The Company
produces silicon wafers, solar cells and solar modules.
Potential upside of 111.3% exists for JinkoSolar, based on a current level
of $6.42 and analysts' average consensus price target of $13.56. JinkoSolar
shares should first meet resistance at the 50-day moving average (MA) of $12
.83 and find additional resistance at the 200-day MA of $22.26.
In the past 52 weeks, JinkoSolar share prices have been bracketed by a low
of $4.55 and a high of $41.75 and are now at $6.42, 41% above that low price
. Over the past week, the 200-day moving average (MA) has gone down 1.4%
while the 50-day MA has declined 9.8%.
请高手给解答一下这里的数据说明什么?