JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares surged by 17.94%

Boston, MA 07/16/2013 (wallstreetpr) – The solar products manufacturer, JinkoSolar Holding Co., Ltd. (NYSE:JKS) has been recently awarded with around 5 kW of solar modules in order to discover applications for the fight against HIV/AIDS in Uganda. The company distributed high-efficiency solar panels to an orphanage and clinic in Uganda that provide home for children affected with HIV/AIDS. These solar panels will guarantee long term supplies of electricity to the offices, clinics and dormitories of the Healthcare Volunteer Uganda, the nonprofit organization running the orphanage.

The clinic’s sole source of electricity, prior to the provision of this solar power system, was the costly and unreliable diesel generators which were highly polluting the environment. The Chairman of JKS conveyed that the company was highly pleased to provide such an efficient contribution to the meaningful organization for a valuable cause. JKS is efficient in building a wide range of solar module products and has successfully integrated vertically the entire value chain of the company’s products. The principal products of the company include solar cells, silicon wafers and solar modules, primarily supplied to domestic markets in China and other international markets.

Intraday spread was from a low price of $10.43 to a high price of $12.20. The share price of JinkoSolar Holding Co., Ltd. (NYSE:JKS) closed for the day at $12.03, recording an increase of 17.94%. The price range of JinkoSolar Holding for the last 52 weeks was from $2.00 to a high price of $12.20. The stock opened at the price of $10.55 on Monday with a market capitalization of $266.94 million and 22.19 million outstanding shares. With an institutional ownership of 7%, the trading volume for the day of JinkoSolar Holding was 1.92 million and the average trading volume amounted to 739,951.00 shares.

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Published by Chris Brown

About Me: I have a Phd in Economics Gender: Male Interests: Playing games like cricket, volleyball Favorite Music: hip hop, rock, jazz

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