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JinkoSolar Holding Co. (NYSE:JKS) saw some unusual options trading on Tuesday. Investors acquired 3,197 call options on the stock, Stock Ratings Network.com reports. This represents an increase of 165% compared to the typical volume of 1,205 call options.

A number of research firms have recently commented on JKS. Analysts at Zacks upgraded shares of JinkoSolar Holding Co. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 30th. They now have a $31.40 price target on the stock. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of JinkoSolar Holding Co. in a research note on Monday, July 7th. They set a “neutral” rating and a $31.00 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of JinkoSolar Holding Co. in a research note on Friday, June 20th. They set an “outperform” rating and a $45.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $41.27.

Shares of JinkoSolar Holding Co. (NYSE:JKS) traded up 7.14% on Tuesday, hitting $25.37. The stock had a trading volume of 3,092,007 shares. JinkoSolar Holding Co. has a 52-week low of $12.00 and a 52-week high of $37.98. The stock has a 50-day moving average of $27.53 and a 200-day moving average of $28.57. The company has a market cap of $783.4 million and a price-to-earnings ratio of 14.18.

JinkoSolar Holding Co. (NYSE:JKS) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.20. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $288.50 million. During the same quarter in the previous year, the company posted ($0.92) earnings per share. The company’s revenue for the quarter was up 72.9% on a year-over-year basis. On average, analysts predict that JinkoSolar Holding Co. will post $3.22 earnings per share for the current fiscal year.

JinkoSolar Holding Co, Ltd. (NYSE:JKS) is a solar power product manufacturer.

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