Zacks Rating on JA Solar Holdings Co. Ltd. (JASO)

JA Solar Holdings Co. Ltd. (JASO) : 1 analysts are covering JA Solar Holdings Co. Ltd. (JASO) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


JA Solar Holdings Co., Ltd. has dropped 1.67% in the last five trading days, however, the shares have posted positive gains of 8.51% in the last 4 weeks. JA Solar Holdings Co., Ltd. has dropped 5.2% during the last 3-month period . Year-to-Date the stock performance stands at -21.13%. JA Solar Holdings Co. Ltd. (NASDAQ:JASO): On Tuesdays trading session , Opening price of the stock was $7.83 with an intraday high of $7.83. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.63. However, the stock managed to close at $7.65, a loss of 0.78% for the day. On the previous day, the stock had closed at $7.71. The total traded volume of the day was 311,540 shares.

JA Solar Holdings Co., Ltd. is a holding company. The Company designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and sales of solar modules, as well as silicon wafer manufacturing. The Companys principal products consist of both monocrystalline and multicrystalline solar cells and solar modules. It sells its products mainly under JA Solar brand name, and also produces original equipment for manufacturers or customers, known as original equipment manufacturers (OEMs).The Company also provides engineering, procurement and construction (EPC) services. The Company sells solar cell and module products to module manufacturers, system integrators, project developers and distributors. The Companys subsidiaries include JA Development Co., Ltd., JA Solar Hong Kong Limited, JA Solar GmbH., JingAo Solar Co., Ltd. and Shanghai JA Solar Technology Co., Ltd., among others.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.