JA Solar (JASO) Earns Daily Coverage Optimism Rating of 0.01
Media headlines about JA Solar (NASDAQ:JASO) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. JA Solar earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the solar energy provider an impact score of 49.0064809045981 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
JASO remained flat at $$7.49 during trading on Friday. The company has a market cap of $351.08 million, a PE ratio of 7.64 and a beta of 1.01. JA Solar has a fifty-two week low of $6.04 and a fifty-two week high of $8.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.65 and a current ratio of 1.00.
A number of brokerages have recently commented on JASO. BidaskClub lowered shares of JA Solar from a “sell” rating to a “strong sell” rating in a research report on Friday, June 8th. Roth Capital lowered shares of JA Solar from a “neutral” rating to a “sell” rating and set a $6.00 price objective on the stock. in a research report on Monday, June 4th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The stock has a consensus rating of “Sell” and an average price target of $7.13.
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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