JA Solar (JASO) Earning Somewhat Favorable News Coverage, Report Shows
News headlines about JA Solar (NASDAQ:JASO) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JA Solar earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the solar energy provider an impact score of 48.3011327795231 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
NASDAQ JASO remained flat at $$7.49 during trading hours on Friday. The company has a market capitalization of $351.08 million, a price-to-earnings ratio of 7.64 and a beta of 1.01. JA Solar has a 12-month low of $6.04 and a 12-month high of $8.48. The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 0.30.
A number of analysts have recently commented on JASO shares. Roth Capital downgraded JA Solar from a “neutral” rating to a “sell” rating and set a $6.00 target price on the stock. in a research note on Monday, June 4th. BidaskClub raised JA Solar from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 30th. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. JA Solar currently has a consensus rating of “Hold” and an average target price of $6.56.
JA Solar Holdings Co, Ltd., together with its subsidiaries, designs, develops, manufactures, and sells solar power products based on crystalline silicon technologies worldwide. Its principal products include monocrystalline and multi-crystalline solar modules and cells. The company also provides monocrystalline and multi-crystalline silicon wafers; solar product processing services; and solar power plant project development and electricity generation services, as well as produces original equipment for manufacturers or customers under their brand names.
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