JA Solar Holdings Co., Ltd. Sees Unusually Large Options Volume (JASO)
Shares of JA Solar Holdings Co., Ltd. (NASDAQ:JASO) saw unusually large options trading on Tuesday. Traders bought 7,340 call options on the company, AnalystRatingsNetwork.com reports. This is an increase of approximately 620% compared to the typical daily volume of 1,019 call options.
A number of research firms have recently commented on JASO. Analysts at Axiom Securities downgraded shares of JA Solar Holdings Co., Ltd. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Separately, analysts at Credit Suisse initiated coverage on shares of JA Solar Holdings Co., Ltd. in a research note on Monday, June 23rd. They set a “neutral” rating on the stock. Finally, analysts at TheStreet downgraded shares of JA Solar Holdings Co., Ltd. from a “hold” rating to a “sell” rating in a research note on Wednesday, June 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. JA Solar Holdings Co., Ltd. presently has an average rating of “Hold” and an average target price of $15.33.
Shares of JA Solar Holdings Co., Ltd. (NASDAQ:JASO) traded up 5.49% during mid-day trading on Tuesday, hitting $9.99. The stock had a trading volume of 6,534,778 shares. JA Solar Holdings Co., Ltd. has a 52-week low of $7.00 and a 52-week high of $13.14. The stock has a 50-day moving average of $9.46 and a 200-day moving average of $10.0. The company’s market cap is $457.0 million.
JA Solar Holdings Co, Ltd. (NASDAQ:JASO) is engaged in the business of designing, developing, manufacturing and selling solar cell and solar module products.
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