Axiom Securities lowered shares of JA Solar Holdings, Co., Ltd. (NASDAQ:JASO) from a hold rating to a sell rating in a report issued on Wednesday. Axiom Securities currently has $5.00 price objective on the solar energy provider’s stock.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research raised shares of JA Solar Holdings, Co. from a hold rating to a buy rating and set a $7.00 price objective on the stock in a report on Friday, August 25th. Credit Suisse Group set a $7.00 price objective on shares of JA Solar Holdings, Co. and gave the company a hold rating in a report on Tuesday. Roth Capital set a $7.00 price objective on shares of JA Solar Holdings, Co. and gave the company a hold rating in a report on Wednesday, May 24th. Finally, BidaskClub downgraded shares of JA Solar Holdings, Co. from a hold rating to a sell rating in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $6.50.

JA Solar Holdings, Co. (NASDAQ JASO) opened at 6.87 on Wednesday. The company’s 50-day moving average is $6.32 and its 200-day moving average is $6.26. JA Solar Holdings, Co. has a 52-week low of $4.42 and a 52-week high of $7.74. The company has a market capitalization of $321.94 million, a price-to-earnings ratio of 4.25 and a beta of 1.33.

JA Solar Holdings, Co. (NASDAQ:JASO) last issued its quarterly earnings results on Tuesday, August 22nd. The solar energy provider reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.37. The company had revenue of $878 million for the quarter, compared to the consensus estimate of $602.53 million. JA Solar Holdings, Co. had a net margin of 2.89% and a return on equity of 7.90%. The firm’s quarterly revenue was up 41.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 EPS. On average, analysts expect that JA Solar Holdings, Co. will post $0.84 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. Teza Capital Management LLC acquired a new stake in JA Solar Holdings, Co. during the first quarter valued at approximately $122,000. FMR LLC acquired a new stake in JA Solar Holdings, Co. during the first quarter valued at approximately $154,000. Dynamic Technology Lab Private Ltd acquired a new stake in JA Solar Holdings, Co. during the first quarter valued at approximately $158,000. Verition Fund Management LLC acquired a new stake in JA Solar Holdings, Co. during the second quarter valued at approximately $185,000. Finally, ClariVest Asset Management LLC increased its stake in JA Solar Holdings, Co. by 5.4% in the first quarter. ClariVest Asset Management LLC now owns 35,812 shares of the solar energy provider’s stock valued at $234,000 after buying an additional 1,838 shares during the period. 25.97% of the stock is currently owned by institutional investors and hedge funds.

About JA Solar Holdings, Co.

JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.

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