Analyst Rating Update on JA Solar Holdings Co. Ltd. (JASO)

JA Solar Holdings Co. Ltd. (JASO) : Zacks Investment Research ranks JA Solar Holdings Co. Ltd. (JASO) as 3, which is a Hold recommendation. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 1 research analysts is 3, which indicates as a Hold.

Company shares have received an average consensus rating of Hold for the current week


JA Solar Holdings Co. Ltd. (NASDAQ:JASO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.53 and $7.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.83, notching a gain of 3.85% for the day. The total traded volume was 1,179,795 . The stock had closed at $7.54 on the previous day.

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.

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